Under Armour Paying $9 Million to Resolve SEC Accounting Probe

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Under Armour Inc. agreed to pay $9 million to settle regulatory claims that it failed to disclose that it was pulling forward orders from future quarters, a practice that allowed it to meet Wall Street’s revenue estimates. The Baltimore-based apparel company resolved the Securities and Exchange Commission investigation without admitting or denying wrongdoing, the SEC… Continue reading Under Armour Paying $9 Million to Resolve SEC Accounting Probe