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INVESTOR ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against Under Armour, Inc. and Reminds Investors with Losses Over $100,000 to Contact the Firm

IRVINE, CA / ACCESSWIRE / April 4, 2017 / Khang & Khang LLP (the "Firm") announces a class action lawsuit against Under Armour, Inc. ("Under Armour" or the "Company") (NYSE: UA, UAA). Investors, who purchased or otherwise acquired shares between April 21, 2016 and January 30, 2017 inclusive (the "Class Period"), are encouraged to contact the Firm prior to the April 10, 2017 lead plaintiff motion deadline.

If you purchased shares of Under Armour during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or via e-mail at joon@khanglaw.com.

There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.

The Complaint states that throughout the Class Period, Under Armour made materially false and misleading statements and/or failed to disclose that one of its largest wholesale retailers, The Sports Authority, was facing bankruptcy and as a result, Under Armour was at risk of not meeting its revenue and profit margins. On January 30, 2017, the Company filed a Form 8-K wherein CEO, Kevin Plank, noted that "numerous challenges and disruptions in North American retail tempered our [Company's] fourth quarter results." The Company also reported that its CFO was leaving the Company.

If you wish to learn more about this lawsuit, or if you have any questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com.

This press release may constitute Attorney Advertising in some jurisdictions.

Contact:

Joon M. Khang, Esq.
Telephone: 949-419-3834
Facsimile: 949-225-4474
joon@khanglaw.com

SOURCE: Khang & Khang LLP