Investors Face November 3 Deadline to Lead DICK'S Sporting Goods Securities Fraud Lawsuit

Investors who purchased common stock of DICK'S Sporting Goods, Inc. (NYSE: DKS) between September 8, 2025, and August 24, 2026, are being reminded by the Rosen Law Firm of an upcoming lead plaintiff deadline on November 3, 2026. A securities class action lawsuit has already been filed regarding the matter.

Overview of Allegations

According to the filed lawsuit, defendants allegedly made materially false and misleading statements or failed to disclose critical operational issues during the specified Class Period. The claims center on the following assertions:

• Dick's cleanup efforts regarding Foot Locker's inventory were allegedly incomplete, leaving Foot Locker saddled with unproductive and stagnant legacy footwear.
• Foot Locker reportedly relied heavily on legacy footwear products vulnerable to promotional pressures in the athletic footwear industry.
• Dick's was allegedly exposed to an industry-wide environment of excess inventory and promotional activity, impacting its projected sales growth, margins, and profits.
• Consequently, positive statements regarding the company's business prospects lacked a reasonable basis, leading to reported investor damages when the true details entered the market.

Investor Options and Deadlines

A class action lawsuit has been filed, though no class has yet been certified. Investors who purchased shares during the Class Period have until November 3, 2026, to move the Court to serve as lead plaintiff. Key considerations for investors include:

• Lead Plaintiff Role: Serving as lead plaintiff involves acting on behalf of other class members to direct the litigation.
• Alternative Choices: Investors are not required to serve as lead plaintiff to share in any potential future recovery, and may remain absent class members.
• Legal Representation: Unrepresented investors may retain counsel of their choice or participate through contingency fee arrangements where applicable.

Verification and Contact

Parties interested in verifying the announcement or seeking further information regarding the class action can visit the Rosen Law Firm's case portal at rosenlegal.com/cases/dicks-sporting-goods/join or contact firm representatives directly via published legal channels.