A securities fraud class action has been filed against DICK'S Sporting Goods (DKS) in federal court. The complaint alleges the company misled investors about inventory cleanup at Foot Locker and exposure to industry-wide promotional pressure. The class period runs September 8, 2025, through August 24, 2026. Lead plaintiff deadline is November 3, 2026. The stock fell 30.7% on August 25, 2026, after disappointing Q2 results.
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