PHILADELPHIA, PA / ACCESS Newswire / January 28, 2026 / Kaskela Law LLC announces that it is investigating potential breach of fiduciary duty claims concerning NIKE, Inc. (NYSE:NKE) on behalf of the company’s long-term shareholders.
Click here to submit your information to the firm and to receive additional information about your legal rights and options: https://kaskelalaw.com/case/nike/
Recently a federal securities fraud complaint was filed against NIKE on behalf of certain investors who purchased shares of the company’s stock between March 19, 2021 and October 1, 2024 (the "Relevant Period"). According to the complaint, during the Relevant Period, NIKE and certain of the company’s senior officers "repeatedly touted to investors the purported continued success of NIKE’s key corporate strategy called "Consumer Direct Acceleration" (‘CDA’), which emphasized a digitally enabled direct-to-consumer (‘DTC’) business model. The CDA strategy, according to Defendants, had the purpose and effect of propelling long-term sustainable financial growth for the benefit of NIKE and its shareholders."
As further alleged in the complaint, also during the Relevant Period, the defendants repeatedly assured the company’s investors that the CDA strategy was achieving its key objectives-including, for example, that NIKE had developed the technological capabilities and supply chain infrastructure necessary to effectively execute such DTC operations-and thus was succeeding in driving the promised sustainable growth. Unbeknownst to investors, however, the CDA strategy suffered from multiple, severe problems in key underlying areas-including NIKE’s failure to build out the critical DTC technological and supply chain capabilities-and thus was a ticking timebomb." When the defendants’ misconduct was finally revealed over a series of partial disclosures, shares of NIKE’s common stock declined in value.
In light of the foregoing, Kaskela Law is investigating whether NIKE’s officers and directors violated the securities laws and/or breached their fiduciary duties in connection with the above alleged misconduct.
Current NIKE shareholders who have continuously held NKE shares since at least March 19, 2021 are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) to receive additional information about this investigation and their legal rights and options at (484) 229 – 0750, via email at abell@kaskelalaw.com, or by clicking on the following link (or if necessary, by copying and pasting the link into your browser):
https://kaskelalaw.com/case/nike/
Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation on a contingent basis, and has assisted investors in recovering over $500 million. For additional information about Kaskela Law LLC please visitwww.kaskelalaw.com.
CONTACT:
KASKELA LAW LLC
D. Seamus Kaskela, Esq.
Adrienne Bell, Esq.
18 Campus Blvd., Suite 100
Newtown Square, PA 19073
(888) 715 – 1740
(484) 229 – 0750
www.kaskelalaw.com
This notice may constitute attorney advertising in certain jurisdictions.
SOURCE: Kaskela Law LLC
View the original press release on ACCESS Newswire
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