Shareholder Suit Against Under Armour Claims Massive Insider Sales
Ben Stenger vs. Under Armour, filed in MD federal court, charges that between Apr. 25 and 29, Under Armour insiders sold $98 million worth of stock, including $88 million of C shares sold by CEO Kevin Plank. Sports Authority told the bankruptcy court it would liquidate rather than reorganize on Apr. 26. The ... Log in to view full article.