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Article Date: March 2017
Word Count: 107

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.

 

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