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Article Date: February 2024
Word Count: 137

Adidas Pushes Back on Shareholder Suit


The Big a asked an OR federal court judge to dismiss the action brought by HRSA-ILA Funds that accuses it of misleading investors by concealing problems in the relationship with Kanye West. The suit, filed last May, said Adidas and former CEO Kasper Rorsted and CFO Harm Ohlmeyer violated Section 10b and Rule 10b-5 of the Exchange Act by making ... Log in to view full article.

 


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