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Paul et al v. Plank et al

  1. April 26, 2024

    Under Armour Investor Urges 4th Circ. To Revive Suit

    An Under Armour Inc. shareholder has urged the Fourth Circuit to resurrect his lawsuit that alleges company executives artificially inflated Under Armour's share price and cashed out before the stock plummeted, arguing the lower court erred in ruling that it did not have the power to hear the case.

  2. September 28, 2023

    Under Armour Execs Escape Derivative Suit Called 'Not Ripe'

    A Maryland federal judge has tossed a shareholder derivative suit claiming that executives of Under Armour Inc. artificially inflated the company's share price and cashed out hundreds of millions of dollars in stock options before the stock plummeted, ruling the suit's contribution claim is "not ripe."

  3. July 24, 2018

    Under Armour Investors Say Execs Misled Then Cashed Out

    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.