
14:20 ET Kuehn Law Encourages Investors of Dick's Sporting Goods, Inc. to Contact Law Firm

Kuehn Law, PLLC is investigating potential breaches of fiduciary duties by officers and directors of Dick's Sporting Goods, Inc. (NYSE: DKS). A federal securities lawsuit claims that insiders misrepresented the demand for products in the Outdoor segment, leading to excess inventory and negatively impacting profitability. Shareholders who purchased DKS shares before May 25, 2022, are encouraged to contact Kuehn Law for potential legal action, as there may be limited time to enforce their rights. Kuehn Law covers all case costs for its clients.
, /PRNewswire/ -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of Dick's Sporting Goods, Inc. (NYSE: DKS) breached their fiduciary duties to shareholders.
According to a federal securities lawsuit, Insiders at Dick's Sporting Goods caused the company to misrepresent or fail to disclose that (i) demand for products in DKS's Outdoor segment was slowing faster than represented, resulting in excess inventory; (ii) the "structural changes" that were repeatedly touted, including differentiated products, improved pricing technology, and more efficient clearance channels, did not allow the Company to manage its excess inventory without hurting the Company's profitability; (iii) the need to liquidate excess inventory, including in the Outdoor segment, would have a materially negative effect on the Company's profitability; and (iv) as a result of the above, statements about DKS's business condition and prospects were materially false and misleading
If you currently own DKS and purchased prior to May 25, 2022 please contact Justin Kuehn, Esq. here, by email at [email protected] or call (833) 672-0814. Kuehn Law pays all case costs and does not charge its investor clients. Shareholders should contact the firm immediately as there may be limited time to enforce your rights.
Why Your Participation Matters:
As a shareholder your voice matters, and by getting involved, you contribute to the integrity and fairness of the financial markets. Your investment. Your voice. Your future.™
For additional information, please visit Shareholder Derivative Litigation - Kuehn Law.
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Contacts:
Kuehn Law, PLLC
Justin Kuehn, Esq.
53 Hill Street, Suite 605
Southampton, NY 11968
[email protected]
(833) 672-0814
SOURCE Kuehn Law, PLLC

