Adidas is facing a class-action lawsuit that alleges the sportswear company failed to warn its shareholders of the erratic behavior of its former star collaborator, Ye — the rapper formerly known as Kanye West — and the potential harm it could cause them.
Adidas’s former chief executive officer, Kasper Rorsted, and chief financial officer, Harm Ohlmeyer, “intended to deceive” investors by failing to disclose ongoing issues between the company and Ye, according to the lawsuit filed Friday against Rorsted, Ohlmeyer and Adidas in U.S. District Court for the District of Oregon.
that slavery “sounds like a choice” because it had lasted for four centuries, adding that “slavery is to Blacks as the holocaust is to Jews.”interview with Bloomberg that there were “some comments we don’t support,” but that “Kanye has been and is a very important part of our strategy and has been a fantastic creator.”
Then, in October 2022 at the Yeezy show at Paris Fashion Week, Ye wore a shirt displaying the slogan “White Lives Matter,” which theThat month, he also threatened to go “death con 3” on “JEWISH PEOPLE,” an apparent reference to Defcon, the U.S. military defense readiness system. In the tweet, which was
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