Adidas faces lawsuit from shareholders over Kanye West's Yeezy brand partnership.

Adidas shareholders have filed a class action lawsuit alleging that the company failed to warn investors about the potential harm that Kanye West's "personal behavior" could cause the company. The lawsuit alleges that Adidas executives either "intended to deceive" investors or "acted with reckless disregard for the truth" by failing to disclose issues between the company and West. Adidas cut ties with West in October after facing widespread pressure to end its partnership with the rapper in the wake of his antisemitic comments. The lawsuit alleges that the company had known for years about West's behavior but failed to disclose the potential risks to the company and its investors in a string of annual reports.