Loading...
Market
Under Armour reduces net debt by 20% or more by Q4 2024?
5
Resolution / Starting Odds
Yes • 50%
No • 50%
Under Armour's financial statements and quarterly reports
Story
Under Armour to Pay $434 Million to Settle Shareholder Lawsuit
Jun 21, 2024, 09:48 PM
Under Armour has agreed to pay $434 million to settle a shareholder class action lawsuit that dates back to 2017. The lawsuit accused the Baltimore-based sports apparel maker and its CEO, Kevin Plank, of intentionally misleading shareholders about the company's financial health. This settlement aims to resolve claims over past financials and marks a significant step for Under Armour as it continues to focus on innovation to turn around its brand.
View original story
Similar markets
Below 48% • 25%
48% to 49% • 25%
49% to 50% • 25%
Above 50% • 25%
Below $0.24 • 25%
$0.24 to $0.27 • 25%
$0.28 to $0.31 • 25%
Above $0.31 • 25%
Successfully refinanced • 25%
Paid down without refinancing • 25%
Partially refinanced • 25%
Defaulted on debt • 25%
Yes • 50%
No • 50%
