NEW YORK , June 14, 2017 /PRNewswire/ -- Pomerantz
LLP is investigating claims on behalf of investors of NIKE, Inc.
(" NIKE " or the
"Company") (NYSE: NIKE) . Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980.
The investigation concerns whether NIKE and certain of its officers and/or directors have engaged in securities fraud or
other unlawful business practices.
[Click
here to join a class action]
On June 14, 2017, the European Commission's ("EC") antitrust division announced a formal
investigation into Nike's licensing and distribution practices. The focus of the EC investigation is "whether certain
licensing and distribution practices of Nike . . . illegally restrict traders from selling licensed merchandise cross-border and
online within the EU Single Market" in violation of EU competition rules.
On this news, Nike's share price has fallen as much as $0.36 during intraday trading on
June 14, 2017.
The Pomerantz Firm, with offices in New York, Chicago,
Florida, and Los Angeles, is acknowledged as one of the premier
firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham
L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class
actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights
of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous
multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
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SOURCE Pomerantz LLP