![Under Armour will pay $434 million to settle a 2017 lawsuit by shareholders who said they suffered significant losses. Under Armour will pay $434 million to settle a 2017 lawsuit by shareholders who said they suffered significant losses.](https://www.baltimoresun.com/wp-content/uploads/migration/2023/11/08/4MPVDOKCGNG4TMG4T72LEIKI3E.jpg?w=135)
Under Armour will pay $434 million to settle 7-year-old shareholder lawsuit
Under Armour will pay $434 million to settle a 2017 lawsuit by shareholders who said they suffered significant losses.
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Lorraine Mirabella is a business reporter for The Baltimore Sun. She writes about retail, consumer affairs, workplace issues and other financial news. She joined the business staff in 1992 and has covered real estate, energy, manufacturing, business trends and companies such as Under Armour and McCormick & Co. She is a Towson University graduate.