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SEC sends Under Armour Wells notice

Under Armour has received a possible enforcement action from the SEC (Securities and Exchange Commission.). The notice in question is a Wells notice inquiring about the accounting treatment of Q3 and Q4 sales from 2016. Last week, on July 22, Under Armour's former CEO and current executive chairman, Kevin Plank, and their current CFO, David...

27 Jul 2020

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