Legal

ROSEN, A Top-Tier Investor Law Firm, Announces Filing of Securities Class Action Lawsuit Against NIKE, Inc. - NKE

Published June 23, 2024

NEW YORK, June 22, 2024: Rosen Law Firm, renowned for its dedication to investor interests, has initiated a class action lawsuit representing purchasers of the Class B common stock of NIKE, Inc. NKE, encompassing the period from March 19, 2021, to March 21, 2024. This lawsuit seeks to recover damages for NIKE investors under the federal securities laws.

Filing of Class Action

The class action filed by Rosen Law Firm alleges that NIKE, Inc. violated federal securities laws by issuing materially false and/or misleading information and/or failing to disclose pertinent information to its shareholders. The legal complaint concerns potential misrepresentations and omissions by NIKE regarding its business, operational, and compliance policies.

Investor Deadline Reminder

Investors who purchased NIKE's Class B common stock within the specified timeframe and incurred losses are reminded of the important deadline to act as lead plaintiff. The lawsuit aims to hold NIKE accountable for its actions and to ensure justice for the affected shareholder community. NIKE, which is the world's dominant brand in sportswear and equipment, has reportedly been involved in this pending legal issue that could impact its stock performance and investor confidence.

About NIKE, Inc.

NIKE, Inc., with its headquarters near Beaverton, Oregon, operates on a multinational scale, specializing in the design, production, and marketing of athletic footwear, apparel, and accessories. Known as the largest supplier in its sector, NIKE stands not only as a key player in sports equipment manufacturing but also as an influential company in global markets, reflected by its presence on stock exchanges such as the New York Stock Exchange under the ticker NKE.

Investment, Lawsuit, Securities