Sporting Goods Industry News for April 22, 2019
The derivative complaint was filed in DE Chancery Court by Lincolnshire Police Pension Fund on behalf of the company, accusing CEO Marcus Lemonis and other directors of breach of fiduciary duty and unjust enrichment.
The long-running trademark dispute between Brooks Running and Anta Sports over the Chinese sports brand’s chevron logo has been settled, according to a court filing.
Jury selection began in the bribery trial of Merl Code and Christian Dawkins that is expected to shed considerable light on the inner workings of college basketball recruiting.
National Park recreational visits declined 5% last month to 19,933,396 from 21,035,485 and were down 10% year-to-date to 42,591,574 from 47,494,117 with three straight months of losses that started with the government shutdown in Jan.