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4-Traders Homepage  >  Equities  >  Nyse  >  Under Armour Inc    UAA

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Under Armour Inc : IMPORTANT SHAREHOLDER NOTICE: Lundin Law PC Announces Securities Class Action Lawsuit against Under Armour, Inc., and Encourages Investors with Losses to Contact the Firm

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02/25/2017 | 02:08am CET

LOS ANGELES, CA / ACCESSWIRE / February 24, 2017 / Lundin Law PC, a shareholder rights firm, announces the filing of a class action lawsuit against Under Armour, Inc ("Under Armour" or the "Company") (NYSE: UAA). Investors, who purchased or otherwise acquired shares between April 21, 2016 and January 30, 2017 inclusive (the "Class Period"), are encouraged to contact the Firm in advance of the April 10, 2017 lead plaintiff motion deadline.

To participate in this class action lawsuit, click here. You can also call Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or e-mail him at brian@lundinlawpc.com.

No class has been certified in the above action. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.

On January 31, 2017, Under Armour revealed poor fourth-quarter revenues and announced CFO Chip Molloy would be leaving his position. About $2.7 billion of Under Armour's market capitalization went missing on January 31, 2017 after the Company disclosed that its quarterly revenue growth fell significantly.

When this news was released to the public, the value of Under Armour dropped, causing investors serious harm.

Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders' rights.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact:

Lundin Law PC
Brian Lundin, Esq.
Telephone: 888-713-1033
Facsimile: 888-713-1125
brian@lundinlawpc.com
http://lundinlawpc.com/

SOURCE: Lundin Law PC


© Accesswire 2017
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Financials ($)
Sales 2017 5 367 M
EBIT 2017 335 M
Net income 2017 215 M
Debt 2017 706 M
Yield 2017 0,00%
P/E ratio 2017 46,19
P/E ratio 2018 39,65
EV / Sales 2017 1,82x
EV / Sales 2018 1,61x
Capitalization 9 048 M
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Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 35
Average target price 23,0 $
Spread / Average Target 6,2%
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Managers
NameTitle
Kevin A. Plank Chairman & Chief Executive Officer
David Bergman Chief Financial & Accounting Officer
Paul Fipps Chief Information Officer & EVP-Global Operations
Chip K. Adams Director
Douglas E. Coltharp Independent Director
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