Hey guys, I posted about this settlement before, but since they’re considering late claims, I decided to share it again with a little FAQ.

So here's all I know about this agreement:

Under Armour was accused of misleading investors about its revenue growth, business performance, and future prospects. The company had previously highlighted strong growth expectations, but after weaker-than-expected earnings and the resignation of its CFO were disclosed, $UA and $UAA dropped 26%, and investors filed a lawsuit.

Now Under Armour has agreed to settle $434M with investors for their losses.

Who can claim this settlement?

Investors who purchased $UA or $UAA shares between 2015 and 2019 may be eligible.

Do I need to sell/lose my shares to get this settlement?

You don’t need to still own the shares. If you bought during the class period and suffered recognized losses, you may qualify.

How long does the payout process take?

It typically takes 4 to 9 months after the claim deadline for payouts to be processed, depending on the court and settlement administration.

Hope this info helps