Under Armour's Accounting Practices Currently Under Federal Investigation

Just weeks after Under Armour Founder and CEO Kevin Plank announced plans to step down early next year, reports detail that the company's accounting practices are currently under federal investigation. The company recently released a statement confirming that it is facing probes from the US Department of Justice and the US Securities and Exchange Commission.According to the Wall Street Journal, the Department of Justice is currently looking into whether or not Under Armour has been altering sale...