Adidas Shareholder Suit Dismissed
An OR district court has dismissed a proposed class action shareholder suit without prejudice, which was brought by HRSA-ILA Funds that claimed the Big a mislead investors by concealing problems in its relationship with Kanye West. The court granted the dismissal on the grounds that plaintiffs failed to sufficiently plead that Adidas’ Business Partner Risk disclosures, its other risk disclosures, and diversity, ... Log in to view full article.
