ADDYY ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of June 27, 2023 in the Class Action Filed on Behalf of adidas AG Shareholders

NEW YORK, June 13, 2023

Class Period: May 3, 2018 to February 21, 2023
Lead Plaintiff Deadline: June 27, 2023
No obligation or cost to you.

Learn more about your recoverable losses in ADDYY:
https://www.kleinstocklaw.com/pslra-1/adidas-lawsuit-loss-submission-form?id=40688&from=4

adidas AG NEWS - ADDYY NEWS

CLASS ACTION CASE DETAILS: The filed complaint alleges that adidas AG made materially false and/or misleading statements and/or failed to disclose that: (1) In addition to other misconduct, Kanye West made anti-Semitic comments in front of adidas staff, and even suggested naming an album after Adolf Hitler; (2) adidas was aware of his behavior, and failed to warn investors that it was aware of that behavior, and had considered ending the Partnership as a result of it; (3) adidas failed to take meaningful precautionary measures to limit negative financial exposure if the Partnership were to end as a result of West's behavior; (4) adidas overstated the risk mitigation measures it took with regard to Yeezy shoes in the event that it terminated the Partnership; (5) as a result, Defendants' public statements were materially false and/or misleading  at all relevant times.

WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in adidas you have until June 27, 2023 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

NO COST TO YOU: If you purchased adidas securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.