August 19, 2024
An Oregon federal judge has dismissed, for now, a suit against Adidas AG, accusing the company of failing to disclose the potential damage caused by its partnership with musician Ye, formerly known as Kanye West, following allegations that the artist made antisemitic comments, saying none of the corporate statements challenged as misleading in the suit are actionable.
February 05, 2024
Adidas AG is urging an Oregon federal court to drop a suit accusing it of failing to disclose the potential damage caused by its partnership with musician Ye, formerly known as Kanye West, following the artist's antisemitic comments, arguing its risk disclosures did not invoke a duty to disclose Ye's prior misconduct.
May 01, 2023
Adidas is facing a proposed class action in federal court over allegations that the company failed to protect investors by ignoring the potential damage caused by its partnership with musician Ye, formerly known as Kanye West, following the artist's antisemitic comments.