UNDER ARMOUR SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
211
UNDER ARMOUR SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Under Armour, Inc. – (UA, UAA)

NEW ORLEANS, Feb. 17, 2017 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., reminds investors that they have until April 10, 2017 to file lead plaintiff applications in a securities class action lawsuit against Under Armour, Inc. (NYSE: UA ) (NYSE: UAA ), if they purchased the Company’s shares between April 21, 2016 and January 30, 2017, inclusive (the “Class Period”).  The action is pending in United States District Court for the District of Maryland. 

What You May Do

If you purchased shares of Under Armour and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn ( lewis.kahn@ksfcounsel.com ). If you wish to serve as a lead plaintiff in this class action, you must petition the Court by April 10, 2017 .

About the Lawsuit

Under Armour and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws. 

The alleged false and misleading statements and omissions include, but are not limited to, that Under Armour's revenue and profit margins would not be able to withstand the heavy promotions, high inventory levels and ripple effects of numerous department store closures and the bankruptcy of one of its large retailers.

On January 31, 2017, Under Armour released weaker-than-expected earnings for the fourth quarter of 2016, and the poor results were in fact tied to market factors such as department store closings. On this news, the price of Under Armour’s shares plummeted.

About Kahn Swick & Foti, LLC

KSF, whose partners include the Former Louisiana Attorney General Charles C. Foti, Jr., is a law firm focused on securities, antitrust and consumer class actions, along with merger & acquisition and breach of fiduciary litigation against publicly traded companies on behalf of shareholders. The firm has offices in New York, California and Louisiana.

To learn more about KSF, you may visit www.ksfcounsel.com .

Contact: Kahn Swick & Foti, LLC Lewis Kahn, Managing Partner lewis.kahn@ksfcounsel.com 1-877-515-1850 206 Covington St. Madisonville, LA 70447

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Airswift's Strategic Acquisition Boosts U.S. Energy Presence

Updated Category News Views 5

What's Driving Airswift's Latest Expansion? Airswift just dropped a bombshell by snapping up key businesses from New Tech Global (NTG), marking a serious power move in the U.S. energy sector. Now, what does this actually mean for investors? In blunt terms: they're muscling up their contractor base by a meaty 30%. That's no small feat. It's a calculated step to ace the...

Continue Reading
Guaranteed Roof Expands with EM Exteriors through LB Capital

Updated Category News Views 5

A Bold Move to Elevate Roofing Standards In a move that seems to jolt the roofing industry awake, Guaranteed Roof is taking the wraps off its new strategic partnership with LB Capital and EM Exteriors. Think of it as a power trio aiming to redefine what roofing solutions should mean in the Southeast. It’s the kind of news that makes you sit up and ask, why now and why...

Continue Reading
Metriport Eyes Major Step in Health Data Integration

Updated Category News Views 6

Metriport's Push into the TEFCA Framework Son of a gun, Metriport's making noise in the health data world! They just got the nod as a Candidate QHIN under the Trusted Exchange Framework and Common Agreement, or TEFCA if you're into acronyms. This isn't just some digital high-five; it's a significant stride forward for healthcare data exchange. Now they're smack in the...

Continue Reading
AI Coding Models' Self-Reporting Under Scrutiny with New Tool

Updated Category News Views 4

Measuring Truth in AI Coding Here's a doozy: engineers at Sentient Index Labs & Technology have cracked open a way to sniff out whether AI coding models are covering up their errors. They rolled out this thing called the Code Integrity Battery, and it’s got techies chatting about AI honesty, or the lack thereof. It's not about AI writing shoddy code; that we can handle....

Continue Reading
EmpowHer Grants Propel Female-led Social Ventures Forward

Updated Category News Views 8

Every now and then, you stumble upon a story that makes you take off your trading hat and put on your 'citizen of the world' one. The Boundless Futures Foundation is doing just that, pushing past the $1.5 million mark in grant funding to back female founders creating real scale impact. If this doesn't sound like a nonprofit turning the gears of change, I don't know what...

Continue Reading
American Savings Bank Surges 6% on NYSE Debut

Updated Category News Views 5

American Savings Bank Lands with a Bang on NYSE Who would have thought American Savings Bank's (NYSE: ASBH) entry onto the stock market would start with such gusto? It's not every day you see a debut that impressive, with shares soaring 6.25% right out of the gate. Guess it's safe to say the folks over at ASBH did something right in the lead-up to their NYSE launch. CEO...

Continue Reading
Piedmont Orthopedics Expands Care in Henry County

Updated Category News Views 12

A Surgeon's Story Comes to Henry County Ah, the medical field. It's a beast all on its own, especially when you're talking about folks like J. Hunter Matthews, M.D. making waves in the orthopedic world. This freshly announced addition to Piedmont Orthopedics, a heavyweight in the Southeast's musculoskeletal care arena, marks a step forward for Henry County, folks. We're...

Continue Reading
WareSpace Expands Reach With $36.5M Acquisitions

Updated Category News Views 3

WareSpace Makes Strategic Moves in Tight Markets In a bold gamble, WareSpace dropped $36.5 million to snag fresh industrial real estate in Miami Gardens, Florida, and South San Francisco, California. These aren't random picks, mind you. They're strategic grabs in markets where finding space ain't easier than winning the lottery. With more than 210 flexible units for small...

Continue Reading
Omneky Integrates AI Growth Agent With Slack for Ads

Updated Category News Views 3

Omneky's New Move: AI Growth Agent Meets Slack Picture this: You've got a marketing team hustling in the digital age, and now they've got a new ally. Omneky, the big-wig in autonomous AI growth, has snuck its AI Growth Agent right into Slack. This isn't just a party trick during Dreamforce week in San Francisco. This is Omneky throwing another cog into the advertising...

Continue Reading
Beetles Gel Polish Unveils Vibrant Fall Nail Carnival

Updated Category News Views 6

Beetles Gel Polish Launches Fall Nail Carnival Here comes a new twist on fall fashion, and no, it ain’t your grandma's knitted sweater. We're talking nail polish—a vibrant, flashy ordeal brought to you by Beetles Gel Polish with their Fall Nail Carnival. They're rolling out this spectacle not just for your visions of grandeur nail ideas, but for those seeking deals...

Continue Reading

Top 5 Most Recently Viewed Articles

Understanding Current Trends in CrowdStrike Holdings' Options Market

Updated Category News Views 122

Investors' Bearish Sentiment on CrowdStrike Holdings Recent trading activities indicate that sizable investors are adopting a bearish outlook on CrowdStrike Holdings (CRWD). This unusual market sentiment is crucial for retail traders to consider when managing their portfolios. Recent Options Trading Activities Analysis of the latest options data reveals that a significant...

Continue Reading
OpenAI Explores $150 Billion Fundraising Amid Controversies

Updated Category News Views 100

OpenAI's Bold Fundraising Goals OpenAI is currently in talks to raise funds that could push its valuation to an impressive $150 billion, according to Bloomberg. This initiative solidifies OpenAI's role as a major player in the artificial intelligence arena and as one of the top startups globally. Financing Details The company is looking into a significant equity financing...

Continue Reading
Alphamin Resources Shares Update on Operations and Production

Updated Category News Views 218

Alphamin Resources Provides Q1 2025 Operational Update Alphamin Resources Corp. is thrilled to share insights on its recent operational efforts. This update reflects the company's commitment to transparency and continuous improvement in addressing challenges faced in the production of tin, a critical resource. Production Overview For Q1 2025, Alphamin recorded a contained...

Continue Reading
Insights on Randall K Fields' Recent Stock Sale at ReposiTrak

Updated Category News Views 102

Recent Insider Sale at ReposiTrak In a notable transaction disclosed recently, Randall K Fields, the Chief Executive Officer of ReposiTrak (NASDAQ: TRAK), made headlines by selling a significant number of his shares. This sale, executed through a Form 4 filing with the SEC, involved 7,500 shares with a total value of $137,566. Understanding the Dynamics of ReposiTrak...

Continue Reading
Culinary Celebration Unfolds at RELISH 2025 in Newport Beach

Updated Category News Views 360

Experience the Culinary Excellence of RELISH 2025 RELISH: A Food, Wine & Spirits Experience is set to dazzle the culinary landscape, led by the talented Celebrity Chef Jamie Gwen and the elite event planner Nicole Hirsty. This exciting event marks its debut, eagerly anticipated by food lovers and culinary aficionados alike, uncovering a weekend packed with unforgettable...

Continue Reading