Jun. 3 at 2:23 PM
[FAQ] Everything You Need to Know About the
$434M Under Armour (
$UA/
$UAA) Settlement
Q: What happened?
A: Under Armour agreed to a
$434 million settlement to resolve claims that it misled investors about its revenue growth and business prospects. The lawsuit alleged that the company used improper sales and accounting practices to maintain the appearance of consistent growth. Concerns came to light after weaker-than-expected earnings and the unexpected resignation of its CFO in early 2017, which contributed to a significant stock-price decline.
Q: Am I actually eligible?
A: If you purchased or otherwise acquired Under Armour Class A (
$UA) or Class C (
$UAA) common stock between September 16, 2015, and November 1, 2019, you're likely eligible. You do not need to still own the shares to participate.
Q: How much will I actually get?
A: The current estimated payout is approximately
$0.24 per share. The final amount depends on your trading history and the total number of valid claims submitted. If fewer investors file claims, the recovery per share may be higher.
Q: When do payouts happen?
A: Typically, distributions occur 4–9 months after the claims process is completed, although timing depends on court procedures and settlement administration.
Q: I missed the deadline. Is it too late?
A: Not necessarily. The original filing deadline was November 12, 2024, but late claims are currently being considered as long as settlement funds have not yet been fully distributed.
Q: Is my data safe with 11th Estate?
A: Security is our top priority. We use bank-level encryption and are SOC2-compliant. We only process the trade data required for the court audit, and your personal financial credentials stay private.
Q: What is the fee?
A: We work on a 20% success fee. We handle the calculations, paperwork, and filing process. If you don't receive a payout, you don't pay anything.
Q: How do I start?
A: You can review the case details and submit your claim through the settlement portal.
https://11th.com/cases/underarmour-investor-settlement
