Defendant Name:
Under Armour, Inc.
Defendant Type:
Public Company
SIC Code:
2329
CUSIP:
90431110
Document Reference:
33-10940
Document Details
Legal Case Name
In the Matter of Under Armour, Inc.
Document Name
Order Instituting Cease-And-Desist Proceedings Pursuant to Section 8A of the Securities Act of 1933 and Section 21C of the Securities Exchange Act of 1934, Making Findings and Imposing a Cease-And-Desist Order
Document Date
03-May-2021
Document Format
Administrative Proceeding
Allegation Type
Issuer Reporting and Disclosure
Document Summary
On May 3, 2021, the SEC instituted settled cease-and-desist proceedings against Under Armour, Inc., stating: "This matter concerns Under Armour’s failure to disclose material information
about its revenue management practices that rendered statements it made misleading."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Monetary Penalties:
Civil Penalty
Individual:
$9,000,000.00
Shared:
