Coverage dated April 29, 2023 to May 1, 2023

Investors suing Adidas over Kanye collaboration after rapper’s behavior

Headline from Deseret News, on the newest of 2 developments

A group of shareholders is suing Adidas for not being warned or made aware of Kanye West’s antisemitic and ‘extreme behavior.’

Deseret News's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Developments in this update

2 dated developments, oldest first, newest marked. Each is named by one outlet's own headline; open its reports to see every outlet that covered it.

Apr 30, 2023
Investors sue Adidas over Kanye West partnership, fallout
Headline from The Daily News (Longview) ·
May 1, 2023Newest
Investors suing Adidas over Kanye collaboration after rapper’s behavior
Headline from Deseret News ·

Read the reports

Reports & sources

49 articles, oldest first.

Axios
Investors sue Adidas over Yeezy partnership with Ye (opens Axios)
Published Apr 29, 2023
Axios's feed description
Adidas says it will fight the suit, which claims it "routinely ignored" Ye's "extreme behavior."
CBS News
Investors sue Adidas over Kanye West Yeezy deal (opens CBS News)
Published Apr 29, 2023
CBS News's feed description
Adidas investors say company executives knew about the problematic behavior of Ye, formerly known as Kanye West, for years before the company ended its relationship with the artist.
Rolling Stone
Kanye West Fallout Sparks Class Action Lawsuit Against Adidas (opens Rolling Stone)
Published Apr 29, 2023
Rolling Stone's feed description
Shareholders allege that company failed to mitigate damage and “artificially inflated” stock price by ignoring the warning signs of their partnership with rapper
Seattle Times
Investors sue Adidas over Kanye West partnership, fallout (opens Seattle Times)
Published Apr 30, 2023
Seattle Times's feed description
Investors have filed a class-action lawsuit against Adidas over its partnership with Ye, the rapper formerly known as Kanye West, and alleged failure to disclose business risks.
FOX Business
Adidas faces Yeezy-focused class-action suit filed by shareholders (opens FOX Business)
Published Apr 30, 2023
FOX Business's feed description
A class-action lawsuit about Adidas' former partnership with rapper Ye has been filed against the sportswear company by shareholders who said they were economically damaged.
NBC News
Adidas shareholders launch class action lawsuit over Kanye West fallout (opens NBC News)
Published Apr 30, 2023
NBC News's feed description
The lawsuit alleges that Adidas officials “intended to deceive” investors by failing to disclose ongoing issues between the company and the artist.
The Guardian
Adidas shareholders launch class action lawsuit over Kanye West brand Yeezy (opens The Guardian)
Published Apr 30, 2023
The Guardian's feed description
Investors claim sportswear giant failed to minimise their exposure to risk after the rapper and designer’s antisemitic comments led to a sharp decline in the share price
Wall Street Journal
Investors Sue Adidas Over Kanye West Collaboration (opens Wall Street Journal)
Published Apr 30, 2023
Wall Street Journal's feed description
The lawsuit said the company misled shareholders by hiding details of the artist’s antisemitic behavior; Adidas rejected the claims.
CNN
Adidas sued by shareholders over its failed Ye partnership (opens CNN)
Published Apr 30, 2023
CNN's feed description
Adidas shareholders filed a class-action lawsuit against the brand, accusing it of failing to warn investors about the antisemitism and "extreme behavior" exhibited by the rapper formerly known as Kanye West, before their partnership ended last year.
Insider
Adidas wants to move on from the Kanye West scandal, but investors are angry and suing (opens Insider)
Published Apr 30, 2023
Insider's feed description
In a new lawsuit, investors claimed Adidas "ignored serious issues" with regard to his "extreme behavior." Adidas called the claim "unfounded."
Deseret News
Investors suing Adidas over Kanye collaboration after rapper’s behavior (opens Deseret News)
Published May 1, 2023
Deseret News's feed description
A group of shareholders is suing Adidas for not being warned or made aware of Kanye West’s antisemitic and ‘extreme behavior.’
The Oregonian
Adidas investors file class-action suit in Oregon over Kanye West partnership, offensive remarks (opens The Oregonian)
Published May 1, 2023
The Oregonian's feed description
The lawsuit claims Adidas was aware for some time of the potential harm that Ye’s problematic behavior could cause the company.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.