UA to pay $9m in fines for misreported revenues

2021-05-04T14:38:00

The U.S. Securities and Exchange Commission (SEC) is levying $9.0 million in fines on Under Armour for “misleading investors as to the bases of its revenue growth and failing to disclose known uncertainties concerning its future revenue prospects.” The misdeeds occurred over a year and a half, from the third ...

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