In our previous post, Under Armour Inc. Pulls Sales Forward, SEC and Stockholders Push Back, we discussed Under Armour Inc.’s recent settlement with the SEC, under which Under Armour agreed to pay $9 million for alleged violations of federal securities laws. While that settlement marked the end of a two year investigation into Under Armour’s “pull forward” practices, it also was the basis on which a U.S. District Court permitted similar (but not identical) shareholder claims against Under Armour to proceed.
Jake Butwin is an associate in the Litigation Department.
He earned his J.D. from Fordham University School of Law and his B.A., magna cum laude, from Duke University, where he was a captain of the men’s varsity soccer team. Before law school, Jake worked for a major investment bank.