Nike Beats Most Claims in Investor Fraud Case
The Eager Beavertons scored a victory as an OR district court judge dismissed with prejudice nearly all the claims in a securities class action against the company, but left the door open for the plaintiffs to amend one claim against Nike and former CEO John Donahoe. Plaintiffs’ claims against Friend, O’Neill, Campion, and Parker were dismissed. The suit, filed in 2024, was eventually consolidated ... Log in to view full article.