NEW YORK, Feb. 21, 2020 /PRNewswire/ -- Moore Kuehn,
PLLC, a securities law firm located on Wall Street in downtown
New York City, is investigating
potential claims involving directors and officers regarding
possible breaches of fiduciary duties and other violations of law
related to whether insiders, as alleged in federal securities
lawsuits, caused their companies to make false and/or misleading
statements and/or failed to disclose, among other things, that:
- Under Armour, Inc. (NYSE:UAA)
(1) Under Armour shifted sales from quarter to quarter to appear
healthier, including to keep pace with their long-running
year-over-year 20% net revenue growth; and (2) the Company had been
under investigation by and cooperating with the U.S. Department of
Justice and U.S. Securities and Exchange Commission since at least
July 2017.
- Match Group, Inc. (NASDAQ:MTCH)
(1) that the Company used fake love interest ads to convince
customers to buy and upgrade subscriptions; (2) that the Company
made it difficult and confusing for consumers to cancel their
subscriptions; (3) that, as a result, the Company was reasonably
likely to be subject to regulatory scrutiny; and (4) that the
Company lacked adequate disclosure controls and procedures.
- Anheuser-Busch InBev SA/NV (NYSE: BUD)
(1) cost-cutting measures the Company had put in place had run
their course; (2) the devaluation of key emerging market currencies
and input cost inflation was having a material adverse effect on
the Company's margins, EBITDA and profitability; (3) Anheuser-Busch
had been experiencing less than expected growth and profits in
certain key markets; (4) Anheuser-Busch was not going to be able to
maintain its then current dividend and still meet its deleveraging
targets; and (5) Anheuser-Busch was at risk of having its credit
ratings downgraded.
Moore Kuehn encourages shareholders who would like to discuss
their rights to contact Justin Kuehn,
Esq. by email at jkuehn@moorekuehn.com or telephone at (212)
709-8245. The consultation and case are free with no
obligation to you.
Moore Kuehn is a 5-star Google rated New York City-based law firm with attorneys
representing investors and consumers in class action litigation
involving securities law violations, financial fraud, breaches of
fiduciary duties, and other claims. For additional
information about Moore Kuehn, please go to
http://www.moorekuehn.com/practice/new-york-securities-litigation/.
Attorney advertising. Prior results do not guarantee similar
outcomes.
Contacts:
Moore Kuehn, PLLC
Justin Kuehn, Esq.
30 Wall Street, 8th Floor
New York, New York 10005
jkuehn@moorekuehn.com
(212) 709-8245
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SOURCE Moore Kuehn, PLLC