Rosen Law Firm Reminds NIKE Investors to Seek Recovery for Securities Violations
PR Newswire: Rosen Law FirmReminds Purchasers of NIKE, Inc. Class B Common Stock of Important July 19, 2024 Deadline in Securities Class Action
CONTACT: Laurence Rosen, Esq. p: (212) 697-8218 f: (212) 202-3827 lrosen@rosenlegal.com
July 17, 2024, NEW YORK -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the Class B common stock of NIKE, Inc. (NYSE: NKE) between February 28, 2020 and May 31, 2023, inclusive (the "Class Period"), of the important July 19, 2024, deadline in the securities class action commenced by the Firm.
The lawsuit seeks to recover losses on behalf of NIKE investors who purchased or acquired shares of NIKE common stock during the Class Period. According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that:
- NIKE knew or recklessly disregarded that the Company’s reported financial results were, in material respects, the product of accounting practices designed to mislead investors;
- NIKE knew or recklessly disregarded that, as a result thereof, NIKE’s financial results did not accurately reflect the Company’s true financial condition and operating results; and
- as a result of the foregoing, the Company’s financial statements were materially false and misleading at all relevant times.
A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 19, 2024. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, you do not need to act as lead plaintiff.
To join the securities class action, go to http://www.rosenlegal.com/cases-register-2171.html or call Laurence Rosen, Esq. toll-free at 866-767-3653 or 212-697-8218 or email lrosen@rosenlegal.com or cases@rosenlegal.com for information on the class action.
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