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Article Date: May 2017
Word Count: 114

Shareholder Suits Against Dick’s Filed


Multiple shareholder suits against Dick’s were filed May 17, alleging that the company and its management made materially false statements in reporting adjusted EBITDA for the final quarter and fiscal year ended Jan. 28, 2017. Last week, Dick’s disclosed that a “computational error” had resulted in a $23.4 million overstatement of adjusted EBITDA for the period in ... Log in to view full article.

 


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