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Under Armour Pays $9M to Settle SEC Probe

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

Under Armour Inc. resolved one of its biggest headaches when it settled a Securities and Exchange Commission investigation, and now management can focus on a long-term strategy for profitable growth. In a Nutshell: In settling the SEC matter, the company agreed to pay a civil monetary penalty of $9.0 million, in addition to other non-monetary…

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