Nike Hit with Shareholder Suit
The Eager Beavertons, along with president and CEO, John Donahoe, and CFO, Matthew Friend, are facing a proposed class action suit in OR district court filed by the Pembroke Pines City Pension Fund for Firefighters and Police Officers. According to the complaint, the Swoosh misled investors by concealing its struggles with Nike Direct and its DTC strategy. ... Log in to view full article.
