Dick's Sporting Goods(US:DKS) Prnewswireยท2025-10-13 12:00Core Points - Schubert Jonckheer & Kolbe LLP is investigating potential legal claims against Dick's Sporting Goods, Inc. related to alleged false statements about inventory levels and insider stock sales [1][3] - A U.S. Magistrate Judge has recommended that key claims in a securities fraud lawsuit against Dick's Sporting Goods and its executives proceed, alleging that the company misled investors about its inventory situation [2] - The lawsuit claims that between August 2022 and August 2023, Dick's Sporting Goods falsely represented its inventory levels, leading to artificially inflated stock prices, while insiders sold over $90 million in stock during this period [2] - Following the revelation of excess inventory impacting the company's financial performance, the stock price dropped by 24% in August 2023 [2]