Security Investigation

NIKE, Inc. (NYSE: NKE)

32 Days left to seek lead plaintiff status.

Company Name:NIKE, Inc.
Stock Symbol:NYSE: NKE
Court:District of Oregon
Filing Deadline:08/19/2024

Contact a Lawyer Now

(877) 515-1850

Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until August 19, 2024 to file lead plaintiff applications in a securities class action lawsuit against NIKE, Inc. (NYSE: NKE).

NIKE and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws. 

On March 21, 2024, the Company released its 3Q2024 financial results, disclosing a 3% year-over-year decline in revenue in its Europe, Middle East, and Africa segment, a 3% year-over-year decline in NIKE Digital revenue, and scant quarterly revenue growth of approximately 0.4% year-over-year in NIKE Direct. On this news, the price of NIKE Class B shares fell $6.96 per share, or nearly 7%, from a close of $100.82 per share on March 21, 2024, to close at $93.86 per share on March 22, 2024.

If you are a current shareholder of NIKE and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or fill out the form on this page.

The case is City Pension Fund for Firefighters and Police Officers in the City of Pembroke Pines v. NIKE, Inc., et al., 24-cv-00974.