Adidas Faces Lawsuit from Shareholders over Kanye West Collaboration
TL;DR Summary
Shareholders are suing Adidas for allegedly failing to inform investors about Kanye West's antisemitic remarks and "extreme behavior." The proposed class-action lawsuit accuses former CEO Kasper Rorsted and CFO Harm Ohlmeyer of disseminating false and misleading statements about Adidas's relationship with West.
- Investors Sue Adidas Over Kanye West Collaboration The Wall Street Journal
- Investors sue Adidas over partnership with Ye FOX 11 Los Angeles
- Adidas sued by shareholders over its failed Ye partnership CNN
- Adidas shareholders launch class action lawsuit over Kanye West fallout NBC News
- Adidas sued by investors over Kanye West deal Yahoo News
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