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Adidas has another legal headache on its hands - a lawsuit alleging racial discrimination. The lawsuit was filed last September by April Burton against Adidas America Inc. in a state trial court ...
Adidas wins a lawsuit on allegations of securities fraud involving Kanye West's misconduct, illuminating the challenges of managing high-profile partnerships.
Adidas wants a lawsuit over the company's Kanye West & Yeezy fallout dismissed, ... They say the lawsuit’s allegations fall “far short” of securities fraud, ...
Adidas is facing a new class-action lawsuit for allegedly failing to mitigate the financial risks of its partnership with Ye – despite internal concerns since at least 2018.
Adidas has been sued by shareholders over the financial fallout of the Kanye West deal's ... in U.S. District Court in Oregon, the lawsuit’s “substantive allegations” cite comments made by ...
The allegations were detailed in an open letter titled "The Truth About Yeezy: A Call to Action for Adidas Leadership," which also accused top executives at the company of overlooking West's ...
West is not party to the lawsuit. ... Adidas admitted that it could lose up to €700m (£619m) ... Adidas said it was not clear whether the accusations made in the anonymous letter were true.
Washington — Adidas is facing a class-action lawsuit from investors who allege the company knew about offensive remarks and harmful behavior from Ye, the rapper formerly known as Kanye West ...
A federal judge has thrown out a class action lawsuit filed against Adidas for its collaboration with Kanye West, alleging securities fraud related to the controversial artist's supposed ...
A sign advertises Yeezy shoes made by Adidas at a store in Paramus, N.J., on Oct. 25, 2022. After cutting ties with Ye, formerly known as Kanye West, Adidas now plans to sell its stock of unsold ...