Public case informationLast updated

Dick's Sporting Goods Securities Fraud Investigation

Dick's Sporting Goods · Dick's Sporting Goods securities and Foot Locker acquisition disclosures · Other

About this case

Bleichmar Fonti & Auld LLP is investigating whether Dick's Sporting Goods made misleading statements to investors about its Foot Locker acquisition, including risks related to excess inventory, weak footwear demand, discounting, and profit pressures. The investigation follows an approximately 30% decline in the company's stock, and the current procedural stage is not specified.

Case overview

Defendant company
Dick's Sporting Goods
Product or service
Dick's Sporting Goods securities and Foot Locker acquisition disclosures
Court case number
2:24-cv-00196-NR-KT
Case status
Other
Lawsuit type
Securities
Reported harm
Misrepresentation

Participation information

Bleichmar Fonti & Auld investor inquiry

Investors in Dick's Sporting Goods securities are invited to submit information to the firm; the scope of any potential class is not established.

Submit information to Bleichmar Fonti & Auld LLP through the firm's case page to discuss potential legal rights.

Type
Law Firm Signup
Reported proof requirement
Unclear

Sources