Details of Nike Shareholder Suit Emerge
An unredacted version of the shareholder suit filed in Oregon State court accusing the Eager Beavertons of allowing a “boys’ club” culture, was released after a legal challenge by the Portland Business Journal. The suit seeks $10 million in damages from the Nike board of directors for breach of fiduciary duties and $10 million from former Nike brand president Trevor Edwards for unjust enrichment. The new revelations include detailing the directors’ attendance at board meetings ... Log in to view full article.