ATLANTA--(BUSINESS WIRE)--Holzer & Holzer, LLC announces that it has filed a class action lawsuit on behalf of investors who purchased Under Armour, Inc. (“Under Armour” or the “Company”) (NYSE: UA, UAA) stock between September 16, 2015 and November 1, 2019. The case, captioned Waronker vs. Under Armour, Inc., et al., Case No. 1:19-cv-03581-GLR, was filed in the United States District Court for the District of Maryland.
The complaint alleges that the Company, and certain of its executive officers, misrepresented and failed to disclose: (1) that Under Armour shifted sales from quarter to quarter to appear healthier; and (2) that the Company had been under investigation by the U.S. Department of Justice and U.S. Securities and Exchange Commission since at least July 2017. The price of Under Armour stock declined significantly following the news.
If you purchased Under Armour stock between September 16, 2015 and November 1, 2019 and suffered losses on that investment, you are encouraged to visit the firm’s website at www.holzerlaw.com to receive additional information about your legal rights. You can also contact Corey D. Holzer, Esq. at cholzer@holzerlaw.com or Marshall P. Dees, Esq. at mdees@holzerlaw.com, or call the firm by toll-free telephone at (888) 508-6832 for more information. The deadline to move for appointment as lead plaintiff is January 6, 2020.
Holzer & Holzer, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. More information about the firm is available through its website, www.holzerlaw.com and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey D. Holzer is the attorney responsible for its content.