Johnson Fistel, PLLP is investigating potential claims on behalf of current, long-term shareholders of DICK’S Sporting Goods, Inc. (NYSE: DKS) against certain of its officers and directors for alleged breaches of fiduciary duty.
What Should DICK’S Shareholders Do?
If you have held DICK’S shares continuously since prior to May 25, 2022, you may have standing to seek corporate governance reforms at DICK’S, including improvements to internal controls, transparency, and executive oversight.
To learn more, visit: https://www.johnsonfistel.com/investigations/dicks-sporting-goods
You may also contact Johnson Fistel, PLLP at jimb@johnsonfistel.com or (619) 814-4471. There is no cost or obligation to you.
Complaint Allegations
On April 3, 2026, a federal court partially denied a motion to dismiss a securities fraud lawsuit involving DICK’S, allowing certain claims concerning alleged misrepresentations about inventory to proceed. The complaint alleges that defendants issued materially false and/or misleading statements and/or failed to disclose that demand for products in DICK’S outdoor segment was slowing faster than represented, resulting in excess inventory; purported structural improvements did not allow the Company to manage excess inventory without harming profitability; the need to liquidate excess inventory would negatively affect profitability; and, as a result, defendants’ statements about the Company’s business and prospects were materially false and misleading.
About Johnson Fistel, PLLP | Top Law Firm, Securities Fraud, Investor Rights
Johnson Fistel, PLLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, Idaho, and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. The firm also represents foreign investors who have purchased securities on U.S. exchanges.
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