DICK's Sporting Goods, Inc. Class Action Lawsuit - DKS

The filed complaint alleges that DICK's Sporting Goods, Inc. made materially false and/or misleading statements and/or failed to disclose that: a) demand for products in Dicks Sporting Good’s outdoor segment was slowing faster than defendants represented, resulting in excess inventory; (b) the “structural changes” that defendants 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; (c) the need to liquidate excess inventory, including in the outdoor segment, would have a materially negative effect on the Company’s profitability; and (d) as a result of (a)-(c) above, defendants’ statements about the Company’s business condition and prospects were materially false and misleading when made.

In order to be eligible to join the DKS class action lawsuit, you must have incurred a loss on shares of DICK's Sporting Goods purchased during the class period listed above.

If you suffered a loss in DICK's Sporting Goods during the relevant time frame or pursuant to the relevant offering(s), you have until April 22, 2024 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.