Under Armour Investors Say Execs Misled Then Cashed Out

By Ryan Boysen (July 24, 2018, 7:06 PM EDT) -- Two Under Armour investors hit the athletic apparel giant with a derivative shareholder suit Monday in Maryland federal court, alleging the company's executives artificially inflated its share price by issuing rosy projections and downplaying the impact of Sports Authority's bankruptcy, then cashed out hundreds of millions in stock options before the stock plummeted....

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