A proposal for a class action lawsuit is accusing Nike of engaging in a “rug pull” by shutting down operations for its RTFKT ...

The plaintiffs are seeking unspecified damages of more than $5 million USD for alleged violations of consumer protection laws ...

Nike faces a $5 million class-action lawsuit over RTFKT NFTs, with investors alleging a rug pull as NFT market value falls 63 ...

Nike is in hot water over the NFT shutdown! A lawsuit was filed against the company on April 28, 2025, in Brooklyn, New York.

The lawsuit seeks a class action brought on behalf of anyone who bought a pair of virtual sneakers or another digital ...

Former Nike CEO John Donahoe continues to build on his negative legacy at the athletic footwear and sportswear behemoth as ...

In the Nike case, the plaintiffs’ allegations of an unregistered securities violation and deceptive practices might not have ...

US stocks drift lower around midday with a busy earnings and economic data week ahead. Investors also seek clues on how ...