LOS ANGELES--(BUSINESS WIRE)--Goldberg Law PC, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Adidas AG (“Adidas” or the “Company”) (Other OTC: ADDYY) (Other OTC: ADDDF).
If you purchased or otherwise acquired Adidas shares, and would like more information about the investigation, 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 without cost to you.
The investigation focuses on whether Adidas and certain of its officers and/or directors violated federal securities laws. On September 26, 2017, news reports emerged that the FBI arrested the Company’s director of global sports marketing for basketball, James Gatto, on charges of fraud for conspiring with coaches and others to bribe high school athletes to play for colleges sponsored by Adidas. According to investigators, Mr. Gatto engineered a $100,000 payment to the family of an Indiana high school player to ensure that he agreed to play for the University of Louisville and participated in a $150,000 bribe to convince another athlete to attend an Adidas-sponsored school in Florida. Following this news, Adidas’ stock price dropped.
If you have any questions concerning your legal rights, please immediately contact Goldberg Law PC at 800-977-7401, or visit our website at http://www.Goldberglawpc.com, or email us at firstname.lastname@example.org.
Goldberg Law PC represents investors around the world, and specializes in securities class action lawsuits and shareholder rights litigation.
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