A suit filed in NY Supreme Civil Court claims that the deal undervalues Big Foot’s intrinsic value, and that two retailers did not fully disclose the financial conflicts of interest of FL’s directors. Plaintiff Robert Garfield is a Foot Locker shareholder and named the company’s board of directors, along with the company itself and Dick’s SG, as defendants. The suit alleges that Foot Locker’s financial advisor Evercore found the company to be worth as much as $40.85 per share, significantly more than the $24.00 offer from DKS. Foot ... Log in to view full article.