ROSEN, A Global Investor Rights Law Firm, Urges NKE Shareholders to Act Before the Deadline in Securities Class Action

NEW YORK, July 03, 2024—Investors holding shares of sportswear giant Nike, Inc. NKE are facing a crucial deadline. Rosen Law Firm, esteemed for advocating investor rights worldwide, is calling on shareholders who purchased Class B common stock of Nike, Inc. during the period from March 19, 2021, to March 21, 2024, to seek counsel prior to the August 19, 2024 deadline, which is pivotal in the securities class action initiated by the firm.

The Basis for the Class Action

The class action against Nike, NKE, a leader in athletic footwear and apparel, stems from allegations that the company may have issued materially misleading business information to the investing public. Rosen Law Firm specializes in ensuring that investors recover their losses due to corporate fraud and misinformation. The firm's call to action is part of an effort to ensure that affected Nike NKE shareholders are adequately represented and compensated for any potential financial damages incurred during the identified class period.

About Nike, Inc. NKE

An iconic name in the sports industry, Nike, Inc. NMEK, has established itself as the largest supplier of athletic shoes and apparel globally. With its headquarters in the vicinity of Beaverton, Oregon, this multinational corporation has expanded its reach to various segments, including manufacturing sports equipment and offering related services. Nike's standing in the market is also reflected in its stock performance on the New York Stock Exchange (NYSE), where it trades under the ticker symbol NKE.

Shareholders' Next Steps

Investors who have purchased Nike's Class B common stock within the specified class period and suffered a loss are encouraged to contact Rosen Law Firm to join the class action against Nike, Inc. NKE. As the deadline approaches, it's imperative for shareholders to assert their rights and seek legal counsel to guide them through the process of potentially recovering their investment losses.

Nike, Investment, Deadline