adidas AG

ADDYY

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Lead Plaintiff Deadline:
June 27, 2023

Days Left:
30

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adidas AG Form












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Allegations

The filed complaint alleges that defendants made false statements and/or concealed that: (1) In addition to other misconduct, Kanye West made anti-Semitic comments in front of adidas staff, and even suggested naming an album after Adolf Hitler; (2) adidas was aware of his behavior, and failed to warn investors that it was aware of that behavior, and had considered ending the Partnership as a result of it; (3) adidas failed to take meaningful precautionary measures to limit negative financial exposure if the Partnership were to end as a result of West’s behavior; (4) adidas overstated the risk mitigation measures it took with regard to Yeezy shoes in the event that it terminated the Partnership; (5) as a result, Defendants’ public statements were materially false and/or misleading at all relevant times.

Eligibility

If you suffered a loss in adidas during the relevant time frame, you have until June 27, 2023 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Lead Plaintiff Deadline

In order to be included in the lawsuit, you must have incurred a loss on shares of adidas purchased or acquired during the class period listed above.

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