Companies
Adidas hit with investor lawsuit over broken Ye partnership
Investors claim senior executives at the company discussed the risks Adidas faced continuing its relationship with the rapper as early as 2018
Adidas is being sued by investors who claim the German sports giant knew about risks of its partnership with the rapper known as Ye long before his anti-Semitic comments were made public.
Adidas in October cut ties with Ye, formerly known as Kanye West, after he unleashed a string of hateful rhetoric. Investors claim in a lawsuit, filed Friday in federal court in Oregon, that as early as 2018 senior executives at the company discussed ...