Federal Investigation being faced by Under Armour for their Accounting Practices

Federal Investigation being faced by Under Armour for their Accounting Practices

Under Armour Inc. is an American Multinational Company, manufactures casual apparel, footwear, and sports. Under Armour has been facing federal investigation which is led by the Justice Department and also the Securities and Exchange Commission on their accounting practices, which were carried out in their company. From July 2017, Under Armour has been responding to the investigations and are submitting their documents related to accounting practices since then. Company personnel said that the company is cooperating with both SEC and Federal Dept. and firmly believes that the company was doing…

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