Tag Archives: MLB

Financial Daily Dose 7.28.2020 | Top Story: SEC Warns Under Armour Execs of Enforcement Action Over Past Accounting Practices

BY: Michael D. Reif | July 28, 2020

The SEC has served Wells notices to Under Armour, warnings that the company and its execs could “face civil-enforcement action related to the sportswear maker’s past accounting practices,” including “the company’s disclosures around its accounting in 2015 and 2016 and ‘pull forward’ sales during those periods” – WSJ and Bloomberg and Law360 Speaking of both … Continue reading

Fantasy Baseball Sign-Stealing Suit Gets Tossed

BY: Michael Kolcun | April 8, 2020

The MLB, Houston Astros, and Boston Red Sox have secured the dismissal of a fantasy baseball lawsuit over the electronic sign-stealing scandal. As reported here, DraftKings contestants filed a proposed class action over the Astros and Red Sox sign-stealing scandals, where team personnel and players used electronics to steal pitcher-catcher signs and relay them to … Continue reading

DraftKings Participant Files Proposed Class Action Over Sign-Stealing

BY: Michael Kolcun | January 28, 2020

A fantasy baseball participant filed a putative class action against the MLB and one of its affiliates, the Houston Astros, and the Boston Red Sox over the recent electronic sign-stealing scandal that is rocking the sport. In his complaint, the DraftKings contestant claims he made wagers on fantasy baseball contests thinking they were based upon … Continue reading

Your daily dose of financial news

BY: Michael D. Reif | July 25, 2016

The bids are all in, and Verizon’s the big winner.  Well, both “big” and “winner” are relative, especially with news of a brutal Q2 for Marissa Mayer and her crew, but nevertheless, Yahoo’s core business is now Verizon’s in exchange for $4.8 billion – NYTimes and WSJ and Bloomberg Tesla’s shareholders may not be fully … Continue reading