NKE Investors Have the Opportunity to Lead NIKE, Inc. Securities Fraud Lawsuit with the Schall Law Firm

LOS ANGELES, July 16, 2024

Investors who purchased the Company's securities between March 19, 2021 and March 21, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before August 19, 2024.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Nike's direct-to-consumer strategy failed to create sustainable revenue growth. Nike's alleged competitive advantages failed to support its business as it disengaged from wholesale and retail partners. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Nike, investors suffered damages.