IRVINE, Calif.--(BUSINESS WIRE)--
Khang & Khang LLP (the “Firm”) announces that it is investigating claims against Under Armour, Inc. (“Under Armour” or the “Company”) (NYSE: UAA) concerning possible violations of federal securities laws.
If you purchased shares of Under Armour, and want more information free of charge, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or by e-mail at [email protected].
On January 31, 2017, Under Armour announced unsatisfactory fourth-quarter revenues and announced CFO Chip Molloy would be resigning. About $2.7 billion of Under Armour's market capitalization vanished on January 31, 2017 after the Company stated its quarterly revenue growth fell sharply.
When this information was disclosed to the public, the value of Under Armour declined, causing investors harm.
If you have any questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by e-mail at [email protected].
This press release may constitute Attorney Advertising in some jurisdictions.
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