NKE - Shareholder Alert: Robbins LLP Informs Stockholders of the Class Action Filed Against NIKE Inc. (NKE) | Benzinga

SAN DIEGO, June 21, 2024 (GLOBE NEWSWIRE) -- Robbins LLP informs investors that a shareholder filed a class action on behalf of persons and entities that purchased or otherwise acquired NIKE, Inc. (NYSE:NKE) Class B Common stock between March 19, 2021 and March 21, 2024. NIKE is a global athletic footwear and apparel company that designs, markets, and sells products for its NIKE, Jordan, and Converse brands.

For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.

The Allegations: Robbins LLP is Investigating Allegations that NIKE, Inc. (NKE) Misled Investors Regarding the Profitability of its Direct-to-Consumer Strategy

According to the complaint, during the class period, defendants failed to disclose that (1) NIKE's direct-to-consumer strategy was unable to generate sustainable revenue growth, ...

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