Under Armour To Pay $434M To End Securities Fraud Claims

By Hailey Konnath ( June 21, 2024, 9:58 PM EDT) -- Under Armour Inc. has agreed to shell out $434 million to put to rest claims it inflated stock prices by hiding declining demand for its products, investors announced Friday, reaching a deal just weeks before a jury trial was set to kick off in Maryland federal court....

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