Deadline on August 19th in Lawsuit coming up for Investors who lost money with NIKE, Inc. (NYSE: NKE) shares

A deadline is coming up on August 19, 2024 in the lawsuit filed for certain investors of NIKE, Inc. (NYSE: NKE) over alleged securities laws violations by NIKE, Inc.

Investors who purchased shares of NIKE, Inc. (NYSE: NKE) have certain options and there are strict and short deadlines running. Deadline: August 19, 2024. NYSE: NKE stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint filed in the U.S. District Court for the District of Oregon the plaintiff alleges on behalf of purchasers of NIKE, Inc. (NYSE: NKE) common shares between March 19, 2021, and March 21, 2024, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between March 19, 2021, and March 21, 2024, the Defendants misrepresented and/or failed to disclose that NIKE's direct-to-consumer strategy was unable to generate sustainable revenue growth, that NIKE's purported competitive advantages were unable to protect the Company from intense competitive pressures after NIKE largely disengaged from many of its wholesale and retail partners to focus on the Company's direct-to-consumer strategy, and that as a result, Defendants' representations about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis

Those who purchased shares of NIKE, Inc. (NYSE: NKE) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.