7 Days Left to File: NIKE, Inc. (NKE) Shareholder Class Action Lawsuit

Notice Issued on January 12, 2024

Bernstein Liebhard LLP Reminds Shareholders of Looming Deadline

New York, New York - January 12, 2024 – Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds shareholders of NIKE, Inc. ("NIKE" or the "Company") (NYSE: NKE) that the deadline to move for lead plaintiff in a securities class action lawsuit is rapidly approaching.

The deadline to move for lead plaintiff is January 19, 2024. This action is pending in the United States District Court for the District of Oregon and alleges that defendants materially misled investors about NIKE's ability to generate sustainable revenue growth under its direct-to-consumer ("DTC") business model.

Specifically, defendants allegedly made false and/or misleading statements and/or failed to disclose that:

• NIKE was experiencing a material slowdown in its DTC business;
• The Company was facing significant headwinds from increased competition and macroeconomic pressures;
• As a result, NIKE's revenue and earnings projections were materially overstated.

As a result of these alleged misrepresentations, NIKE's stock price has suffered significant losses.

If you are a shareholder of NIKE, you may have legal recourse against the Company. Please contact Bernstein Liebhard LLP to discuss your legal rights and options. The firm has recovered over $9 billion for its clients. This case is being handled by Scott R. Fogarty and Robert D. Frankel, senior partners at Bernstein Liebhard LLP.

About Bernstein Liebhard LLP
Bernstein Liebhard LLP is a New York-based law firm exclusively representing investors. The firm's reputation for client success has been gained through decades of experience in handling securities class actions, shareholder derivative suits, antitrust litigation, and other matters involving financial fraud. For more information, please visit https://www.bernsteinliebhard.com/.

To learn more about the NIKE, Inc. lawsuit, please contact:

Scott R. Fogarty
Robert D. Frankel
Bernstein Liebhard LLP
(800) 540-2131
(212) 551-7100
investigations@bernsteinliebhard.com