EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against Adidas AG

Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of purchasers of the securities of Adidas AG ADDYY resulting from allegations that Adidas may have issued materially misleading business information to the investing public.

On September 26, 2017, news outlets reported that the FBI arrested Adidas' director of global sports marketing for basketball, James Gatto, on charges of fraud for conspiring with coaches and others to bribe high school athletes to play for colleges sponsored by Adidas. According to investigators, Gatto engineered a $100,000 payment to the family of an Indiana high school player to ensure that he agreed to play for the University of Louisville and participated in a $150,000 bribe to convince another athlete to attend an Adidas-sponsored school in Florida. On this news, shares of Adidas fell $3.60 per share or over 3% to close at $110.20 per share on September 26, 2017.

Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Adidas investors. If you purchased shares of Adidas, please visit the firm's website at http://www.rosenlegal.com/cases-1211.html for more information. You may also contact Phillip Kim or Kevin Chan of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or kchan@rosenlegal.com.

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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Since 2014, Rosen Law Firm has been ranked #2 in the nation by Institutional Shareholder Services for the number of securities class action settlements annually obtained for investors.

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