SEC Charges Under Armour Inc. With Disclosure Failures

STL.News 0 Comment

Washington, DC (STL.News) The Securities and Exchange Commission today charged sports apparel manufacturer Under Armour Inc. with misleading investors as to the bases of its revenue growth and failing to disclose known uncertainties concerning its future revenue prospects.  Under Armour has agreed to pay $9 million to settle the action. According to the SEC’s order, […]