Under Armour faces accounting probes

Under Armour faces accounting probes

Sportswear firm Under Armour has confirmed its accounts are being investigated by US federal authorities. The company said it was co-operating with probes from the US SEC and the DOJ. A report suggests authorities were looking into whether Under Armour had shifted sales from quarter to quarter to appear healthier.

KCooper
KCooper
Minor_Complex
Minor_Complex 5 months

underArmour underwear under selling.

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