July 10, 2017 (Shareholders Foundation) - An investigation on behalf of investors of Nike Inc (NYSE:NKE) shares over potential securities laws violations by Nike Inc and certain of its directors and officers in connection with certain financial statements was announced.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Nike Inc (NYSE:NKE) concerning whether a series of statements by Nike Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Nike Inc reported that its Total Revenue rose from over $30.6 billion for the 12 months period that ended on May 31, 2015 to over $32.37 billion for the 12 months period that ended on May 31, 2016 and that its Net Income for those time periods increased from over $3.27 billion to $3.76 billion.

On June 14, 2017, the antitrust division of the European Commission announced a formal investigation into whether certain licensing and distribution practices of Nike ... illegally restrict traders from selling licensed merchandise cross-border and online within the EU Single Market, in violation of EU competition rules.