Investors Say Foot Locker Execs Oversold Store Performance
By Dean Seal ( May 17, 2018, 3:31 PM EDT) -- Foot Locker's shareholders filed a derivative action against 13 officers and directors on Wednesday, claiming the company heads have exposed it to hundreds of millions of dollars in potential liability by making misleading public statements about known risks associated with customer migrations from brick-and-mortar locations to online sources to shop for athletic wear....
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