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September 24, 2024


Vista Outdoor Postpones Vote after Opposition from Investor and ISS

Vista Outdoor has again adjourned its special meeting of shareholders, taking it from Sep. 27 to Oct. 9, as it mulls over a new deal to sell the Revelyst outdoor business to a private equity firm that had backed MNC Capital on its bid to purchase the whole company.

AAFA Weighs in on Port Negotiations

The American Apparel & Footwear Association sent an urgent letter to the Biden Administration imploring it to bring together the United States Maritime Alliance and the International Longshoremen’s Association to negotiate a fair labor contract ahead of a potential strike at the East and Gulf Coast ports.

Ammo, Inc. Launches Investigation as CFO Exits

The Gunbroker parent said it has retained a law firm that will conduct an investigation into its internal control over financial reporting, looking back at fiscal years 2020 through 2023.

Brooks Sues Puma over Patent

Brooks Sports is suing the Big Cat in VA district court, asking for a declaratory judgment of non-infringement, arguing that none of the claims of Puma’s patent no. 12,096,825 are infringed by Brooks' Glycerin 21 running shoes.

Foot Locker Former Employee Settles Insider Trading Charges

Big Foot’s former senior director of order planning management for North America, Barry Siegel, will pay the Securities and Exchange Commission profit disgorgement of $112,868.95, plus interest, and a penalty of $112,868.95 to settle charges of trading on inside information to profit from FL stock.

Etcetera: Rally House, Gearhead Outfitters, Sierra, Fjallraven, Helinox, Tour Edge, Solo Brands, Snipes

 
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