The U.S. Securities and Exchange Commission has notified Under Armour Inc. of its “preliminary determination” to file charges related to a federal accounting probe previously disclosed by the sportswear maker. Shares of Baltimore-based Under Armour (NYSE: UAA) were up less than 1% to $10.97 in trading Monday morning after initially falling more than 4% in pre-market trading. Under Armour disclosed in a federal filing before the morning bell that it received a “Wells Notice” from the SEC on July…
from https://www.bizjournals.com/baltimore/news/2020/07/27/under-armour-kevin-plank-face-possible-sec-charges.html?ana=RSS&s=article_search
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