The lawsuit seeks a class action brought on behalf of anyone who bought a pair of virtual sneakers or another digital ...

A proposal for a class action lawsuit is accusing Nike of engaging in a “rug pull” by shutting down operations for its RTFKT ...

In the Nike case, the plaintiffs’ allegations of an unregistered securities violation and deceptive practices might not have ...

In the beginning, there was RTFKT, and if you took one look at the all-caps name and lack of vowels and thought, “This sounds ...

Nike faces a $5 million class-action lawsuit over RTFKT NFTs, with investors alleging a rug pull as NFT market value falls 63 ...

Former Nike CEO John Donahoe continues to build on his negative legacy at the athletic footwear and sportswear behemoth as ...

Nike pulled the rug out from under investors, the complaint says. The post Nike Accused of ‘Misleading’ NFT Scheme In Lawsuit ...

The plaintiffs are seeking unspecified damages of more than $5 million USD for alleged violations of consumer protection laws ...

Instead, the brand is betting big on “Pink Foam,” a more muted, soft shade of pink with a washed-out appearance. In addition ...

US stocks lose narrowly mixed, with a busy earnings and economic data week ahead. Investors also seek clues on how tariffs ...