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Under Armour Inc. has agreed to pay a $9 million civil penalty to resolve an accounting investigation by the U.S. Securities and Exchange Commission that came to light in 2019. The SEC’s inquiry ...
Under Armour’s $9 million settlement with the Securities and Exchange Commission on Monday draws to light the issue of disclosures around the practice of so-called “pull forward” reporting ...
In November 2019, the U.S. Securities and Exchange Commission made public that Under Armour's accounting policies had been under scrutiny for more than two years. [83] In July 2020, the company confirmed that the U.S. Securities and Exchange Commission had sent Wells Notices relating to Under Armour's accounting in 2015 and 2016. [84]
Kevin Audette Plank (born August 13, 1972 [1]) is an American billionaire businessman and philanthropist. Plank is the founder and executive chairman of Under Armour, a manufacturer of sportswear, footwear and accessories, based in Baltimore, Maryland.
The SEC filing is a financial statement or other formal document submitted to the U.S. Securities and Exchange Commission (SEC). Public companies , certain insiders, and broker-dealers are required to make regular SEC filings.
Under Armour shares initially rose as much as 7% in early trading on Wednesday after the company boosted its full-year earnings forecast above Wall Street estimates and bested revenue estimates ...
Regulation S-X and the Financial Reporting Releases (Staff Accounting Bulletins) set forth the form and content of and requirements for financial statements required to be filed as a part of (a) registration statements under the Securities Act of 1933 and (b) registration statements under section 12, [2] annual or other reports under sections 13 [3] and 15(d) [4] and proxy and information ...
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