Categories: PR Newswire

ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Dick’s Sporting Goods, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – DKS

NEW YORK, Feb. 24, 2024 /PRNewswire/ —

WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of common stock of Dick’s Sporting Goods, Inc. (NYSE: DKS) between May 25, 2022 and August 21, 2023, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 22, 2024.

SO WHAT: If you purchased Dick’s Sporting Goods securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Dick’s Sporting Goods class action, go to or call Phillip Kim, Esq. toll-free at 866-767-3653 or email or for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 22, 2024. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) demand for products in Dick’s Sporting Goods’ Outdoor segment was slowing faster than defendants represented, resulting in excess inventory; (2) the “structural changes” that defendants repeatedly touted, including differentiated products, improved pricing technology, and more efficient clearance channels, did not allow Dick’s Sporting Goods to manage its excess inventory without hurting its profitability; (3) the need to liquidate excess inventory, including in the Outdoor segment, would have a materially negative effect on Dick’s Sporting Goods’ profitability; and (4) as a result of the foregoing, defendants’ statements about Dick’s Sporting Goods’ business condition and prospects were materially false and misleading when made. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Dick’s Sporting Goods class action, go to or call Phillip Kim, Esq. toll-free at 866-767-3653 or email or for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn:, on Twitter: or on Facebook:

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

      Laurence Rosen, Esq.
      Phillip Kim, Esq.
      The Rosen Law Firm, P.A.
      275 Madison Avenue, 40th Floor
      New York, NY 10016
      Tel: (212) 686-1060
      Toll Free: (866) 767-3653
      Fax: (212) 202-3827

View original content to download multimedia:–dks-302069984.html


Dayang Norazhar

Recent Posts

Muslim school student loses UK court bid over prayer rituals ban

LONDON – A Muslim pupil lost a UK court challenge Tuesday against a top London…

15 mins ago

Upgraded Points Highlights Airports With the Friendliest Staff in Latest Study

PORTLAND, Ore., April 16, 2024 /PRNewswire/ -- The latest study from Upgraded Points is uncovering where…

18 mins ago

Psychiatry Office Opens New Location in Wall Township

Embrace Psychiatric Wellness Center Aims to Serve More Patients in Wall Township, NJ WALL TOWNSHIP,…

18 mins ago

GAP Releases VBUC 10.1, Simplifying VB6 to C# Migrations

Includes advanced C# features to generate efficient and maintainable code AUSTIN, Texas, April 16, 2024…

18 mins ago

Himalaya Wellness Launches PartySmart Electrolytes

The herbal supplements brand launched a new PartySmart format with an electrolyte line that comes…

18 mins ago

Kiddie Academy® plants trees nationwide to celebrate Earth Day

Child care provider makes annual donation to National Forest Foundation ABINGDON, Md., April 16, 2024…

19 mins ago