Under Armour Is Subject of Federal Accounting Probe – The Wall Street Journal

Federal authorities are investigating Under Armour Inc.’s accounting practices in a probe examining whether the sports clothing maker shifted gross sales from quarter to quarter to seem more fit, in step with americans conversant in the matter.

As segment of the probe, which hasn’t been made public, investigators wondered americans in Baltimore, where the corporate relies, as currently as closing week, one among the americans mentioned.

Justice…

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