March 31, 2023
After months of negotiations and countless rumors, ABG confirmed that it has made a binding offer to purchase the action sports and lifestyle company from funds managed by Oaktree Capital Management.
PTON sees a So. NY federal court judge dismiss a shareholder class action suit that accused it of intentionally misleading investors who lost money in the company’s post-pandemic share price crash.
The Eager Beavertons are facing a new shareholder proposal submitted by Tulipshare, an activist shareholder platform that owns 276 NKE shares, demanding the E.B.s disclose more information about their sourcing.
Acushnet is suing three members of the McMurdie family and an affiliated company, Lemon and Lucy, in UT district court for selling unauthorized Scotty Cameron putters on an online marketplace.
Benchmade Knife Company prevailed in a patent infringement suit in CA district court, securing a permanent injunction against Hogue, Inc., and their Trauma brand knives.
Jetson Electric Bikes is recalling about 53,000, 42-volt Rogue self-balancing scooters/hoverboards because the lithium-ion battery packs can overheat and catch fire.