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City of Warren Police and Fire Retirement System v. Foot Locker, Inc. et al
Case Number:
1:18-cv-01492
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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October 01, 2019
Foot Locker Kicks Shareholder Suit Over Vendor Troubles
Shoe retailer Foot Locker Inc. has escaped a proposed class action accusing it of hiding the negative financial impact of a shift in its relationships with key vendors after a New York federal judge found the shareholders didn't prove the company had misled them.
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March 12, 2018
Foot Locker Hid Online Sale Info, Pension Fund Says
Foot Locker Inc. didn't tell investors crucial information about its vendors' transition to online sales and its financial health, which caused the shoe retailer's stock price to drop after it later shared the information, a pension fund alleged Friday in New York federal court.