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Adidas defeated an appeal on Wednesday by US shareholders who said the footwear and apparel maker fraudulently concealed antisemitic and other improper behaviour by Ye, formerly known as Kanye West, before its partnership with the rapper and fashion designer imploded in 2022.
The 9th US Circuit Court of Appeals in San Francisco said Adidas did not mislead shareholders in its annual reports by saying improper behaviour by partners from the entertainment industry could have a negative…
