The plaintiffs are seeking unspecified damages of more than $5 million USD for alleged violations of consumer protection laws ...

A proposal for a class action lawsuit is accusing Nike of engaging in a "rug pull" by shutting down operations for its RTFKT ...

In the Nike case, the plaintiffs’ allegations of an unregistered securities violation and deceptive practices might not have ...

The lawsuit seeks a class action brought on behalf of anyone who bought a pair of virtual sneakers or another digital ...

Former Nike CEO John Donahoe continues to build on his negative legacy at the athletic footwear and sportswear behemoth as ...

Nike faces a $5 million class-action lawsuit over RTFKT NFTs, with investors alleging a rug pull as NFT market value falls 63 ...

A group of people sued Nike this week over its decision to wind down its virtual show project RTFKT last year. The buyers of ...

Nike, one of the world’s largest luxury fashion brands, has been served with a class action lawsuit for closing RTFKT NFT ...

In the beginning, there was RTFKT, and if you took one look at the all-caps name and lack of vowels and thought, “This sounds ...

Plaintiffs allege Nike executed a “soft rug pull,” leaving RTFKT NFT holders with worthless assets after winding down ...