A lawsuit filed in federal court in Indianapolis charges that directors and officers of Finish Line jumped into the arms of JD Sports without properly looking for alternatives that might pay a higher price, including Sports Direct which had expressed interest in some kind of alliance. The complaint suggests that Little Foot’s board and executive team didn’t really attempt to market the company, whose prospects it told investors were improving, because they saw the opportunity for immediate payout from JD Sports as their options and restricted stock would all become part of the deal, along with triggering their golden parachutes. ... Log in to view full article.