NEW YORK, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Dick's Sporting Goods, Inc. ("Dick's Sporting Goods" or "the Company") (NYSE:DKS) and certain of its officers.
Class Definition:
This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Dick's Sporting Goods securities between May 25, 2022 and August 21, 2023, inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/DKS.
Case Details:
The Complaint alleges that Defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) demand for products in Dick's Sporting Goods' Outdoor segment was slowing faster than defendants represented, resulting in excess inventory; (2) the "structural changes" that defendants repeatedly touted, including differentiated products, improved pricing technology, and more efficient ...