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Monday, May 06, 2024 8:28:03 AM
Current Dick’s Sporting Goods, Inc. (NYSE: DKS) shareholders who have held Dick’s shares since on before May 25, 2022, can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to them whatsoever. Click here https://grabarlaw.com/the-latest/dicks-shareholder-investigation/ to learn more or join.
Grabar Law Office is investigating claims on behalf of long-term Dick’s shareholders. The investigation concerns whether certain officers and directors of Dick’s have breached the fiduciary duties they owed to the company.
Why? A recently filed securities fraud class action complaint alleges that Dick’s Sporting Goods, Inc., (NYSE: DKS) through certain of its officers and directors, made false and/or misleading statements and/or failed to disclose that: (i) demand for products in Dick’s Outdoor segment was slowing faster than Defendants represented, resulting in excess inventory; (ii) the “structural changes” that Defendants repeatedly touted, including differentiated products, improved pricing technology, and more efficient clearance channels, did not allow the Company to manage its excess inventory without hurting the Company’s profitability; (iii) the need to liquidate excess inventory, including in the Outdoor segment, would have a materially negative effect on the Company’s profitability; and (iv) as a result of (i)-(iii) above, Defendants’ statements about Dick’s business condition and prospects were materially false and misleading when made.
What you can do now: Current Dick’s shareholders who have held Dick’s shares since prior to May 25, 2022, can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to them whatsoever. If you would like to learn more about this matter, you are encouraged to visit https://grabarlaw.com/the-latest/dicks-shareholder-investigation/, or contact Joshua H. Grabar at jgrabar @FH-6085.
Recent DKS News
- DICK'S Sporting Goods expands supply chain network with new distribution center in Fort Worth, Texas • PR Newswire (US) • 08/13/2024 01:02:00 PM
- DICK'S Sporting Goods Second Quarter Results Call Scheduled for September 4th • PR Newswire (US) • 08/05/2024 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/23/2024 11:00:08 PM
- DICK'S Sporting Goods Announces Partnership with Team USA and the LA28 Olympic and Paralympic Games • PR Newswire (US) • 07/23/2024 03:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/12/2024 08:30:28 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 07/11/2024 09:14:23 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/13/2024 08:51:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/13/2024 08:47:40 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/13/2024 08:40:09 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/13/2024 08:37:28 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/13/2024 08:31:40 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/13/2024 08:30:21 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/13/2024 08:28:55 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/13/2024 08:27:39 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/13/2024 08:26:27 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/13/2024 08:24:53 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/11/2024 10:06:20 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/03/2024 09:36:30 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/03/2024 09:33:19 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/30/2024 09:48:34 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/30/2024 07:53:58 PM
- Form SD - Specialized disclosure report • Edgar (US Regulatory) • 05/29/2024 08:22:29 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 05/29/2024 11:04:49 AM
- DICK'S Sporting Goods Reports First Quarter Results; Raises 2024 Outlook • PR Newswire (US) • 05/29/2024 11:00:00 AM
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