Adidas is facing legal action from its investors, who claim that the sportswear giant did not pay enough attention to Kanye West's erratic behavior.
Investors claim that Adidas ignored serious issues with Kanye's partnership and failed to take meaningful measures.
Adidas released a statement outrightly rejecting the unfounded claims and said it would take all necessary measures to defend itself.
In 2022, Adidas parted ways with Kanye after he made scores of anti-Semitic comments.
Two exposés hit the reputation of the multi-billion company after its separation from Kanye. One by Rolling Stone and another by Wall Street Journal.
Yeezy former members' allegations against the brand of being updated from Kanye's "problematic behavior" but still "turned their moral compass off."
The Wall Street Journal report claimed Adidas' top head honchos were mulling as early as 2018 about the risks attached to working with the Grammy winner.