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A group of investors is suing Adidas for allegedly knowing about Kanye West's problematic behavior before his termination from the brand in October 2022.
Adidas has been sued by shareholders over the financial fallout of the Kanye West deal's termination.
Investors have filed a class-action lawsuit against Adidas over its partnership with Ye, the rapper formerly known as Kanye West, and alleged failure to disclose business risks.
Some shareholders are suing Adidas over the company’s Kanye West collaboration.
WASHINGTON—Adidas is facing a class-action lawsuit from investors who allege the company knew about offensive remarks and harmful ...