tiprankstipranks
Trending News
More News >

Under Armour Reaches Settlement in Derivative Lawsuits

Story Highlights
  • Under Armour reached a settlement for derivative lawsuits involving its officers and directors.
  • The settlement includes governance measures and an $8.9 million payment, pending court approval.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Under Armour Reaches Settlement in Derivative Lawsuits

Confident Investing Starts Here:

An update from Under Armour ( (UA) ) is now available.

Under Armour has reached a proposed settlement to resolve two consolidated derivative lawsuits filed against certain current and former officers and directors. The settlement, executed on May 7, 2025, includes implementing corporate governance measures for three years and a payment of $8.9 million to the company, funded by insurance proceeds. The settlement is pending final court approval, with a hearing scheduled for August 14, 2025. This resolution aims to address allegations of fiduciary breaches related to past sales practices and financial disclosures, potentially impacting the company’s governance and stakeholder relations.

Spark’s Take on UA Stock

According to Spark, TipRanks’ AI Analyst, UA is a Neutral.

Under Armour’s overall stock score reflects significant challenges in financial performance, with declining revenue and profitability. While the technical analysis shows bearish signals, the company has shown some positive strategic initiatives and board appointments that may support future growth. The valuation remains a concern, with negative profitability metrics. The improved outlook from the earnings call provides some optimism, but ongoing restructuring and competitive pressures in key regions remain critical challenges.

To see Spark’s full report on UA stock, click here.

More about Under Armour

Under Armour is a Maryland-based corporation with principal executive offices in Baltimore, Maryland. It is known for selling branded performance apparel, footwear, and accessories, and its stock is traded on the New York Stock Exchange.

Average Trading Volume: 4,253,568

Technical Sentiment Signal: Sell

Current Market Cap: $2.86B

See more data about UA stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1