A Nike Inc. shareholder has filed a securities class action in the District of Oregon’s Portland division, claiming the company misled investors about the financial effects of prioritizing direct-to-consumer sales.

Stoll Stoll Berne Lokting & Shlachter, Kessler Topaz Meltzer & Check and Klausner Kaufman Jensen & Levinson filed the complaint on Thursday on behalf of the shareholder plaintiff, a pension plan for firefighters and police in Pembroke Pines, Florida.

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