Aug. 13 at 1:27 PM
FAQ On Everything You Need to Know About the
$434M Under Armour (
$UA/
$UAA) Settlement
Q: What happened?
A: Under Armour was accused of misleading investors about its revenue growth and business prospects. After the company reported weaker-than-expected earnings and announced the unexpected resignation of its CFO,
$UA and
$UAA fell 26%, and investors filed a lawsuit.
Q: Am I actually eligible?
A: If you bought
$UA or
$UAA shares between 2015 and 2019, you’re likely eligible. You don’t need to still own the stock to claim; past losses count
Q: When do payouts happen?
A: Payout timing depends on the settlement administration and the processing of claims. The exact timing will depend on when claims are reviewed and payments are authorized.
Q: I missed the deadline. Is it too late?
A: No, you may still be able to file a late claim, but acceptance depends on final approval by the court.
Check if you're eligible and file a claim: https://11th.com/cases/underarmour-investor-settlement
