LOS ANGELES--(BUSINESS WIRE)--Goldberg Law PC, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Under Armour, Inc. ("Under Armour" or the "Company") (NYSE: UAA). Investors, who purchased or otherwise acquired shares between April 21, 2016 and January 30, 2017 inclusive (the "Class Period"), are encouraged to contact the Firm in advance of the April 10, 2017 lead plaintiff motion deadline.
If you are a shareholder who suffered a loss during the Class Period, click here. In addition, we encourage you to contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 1999 Avenue of the Stars, Suite 1100, Los Angeles, CA 90067, at 800-977-7401, to discuss your rights free of charge. You can also reach us through the firm’s website at http://www.Goldberglawpc.com, or by email at email@example.com.
The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
On January 31, 2017, Under Armour revealed underwhelming fourth-quarter revenues and confirmed the resignation of CFO Chip Molloy after only 13 months. Approximately $2.7 billion Under Armour's market capitalization vanished on January 31, 2017 after Under Armour stated its quarterly revenue growth dropped under 20 percent.
When this information was revealed to the investing public, the value of Under Armour declined, causing investors severe harm.
Goldberg Law PC represents shareholders around the world and specializes in securities class actions and shareholder rights litigation.
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