Class Action Lawsuit Filed Against NIKE, Inc. Over Alleged Misleading Practices
- A class action lawsuit has been filed by a shareholder against Nike, alleging securities fraud.
- This lawsuit pertains to the purchases of Class B common stock of NIKE, Inc.
- The lawsuit reflects concerns over Nike’s financial disclosures and compliance.
NEW YORK, July 29, 2024 — Rosen Law Firm has announced a class action lawsuit on behalf of shareholders who purchased Class B common stock of NIKE, Inc. (NYSE: NKE) between March 19, 2021, and March 21, 2024. The lawsuit alleges that the company misled investors regarding its business operations, prompting the legal action. Investors wishing to join the class action can do so by visiting the firm’s website or contacting attorney Phillip Kim directly. The Rosen Law Firm, known for its focus on investor rights, is currently investigating the claims against NIKE. A lead plaintiff will represent the interests of all class members in the litigation process. Importantly, shareholders are not required to participate in the case to be eligible for any potential recovery from the lawsuit. The firm emphasizes that shareholders will incur no fees or expenses related to the lawsuit, reinforcing its commitment to protecting investor rights. Interested parties can find more information about the case and how to join the class action on the Rosen Law Firm's dedicated webpage. For further inquiries, shareholders can reach out to the firm via phone or email. The announcement serves as a reminder for investors to stay informed about their rights and the ongoing legal proceedings involving NIKE, Inc.