<div id="readability-page-1">03:53 AM EDT, 05/11/2026 (MT Newswires) -- Nike ( NKE ) is being sued by customers who allege the athletic brand failed to return tariff-related costs it previously passed on through price hikes, multiple news outlets reported Saturday, citing federal court documents.The legal action follows a February Supreme Court decision that invalidated various trade duties, potentially allowing the company to keep government refunds, the reports said.The footwear manufacturer previously indicated it paid roughly $1 billion in levies on imported products, as plaintiffs claim the business increased prices on shoes and clothing by as much as $10 to compensate for those expenses, the news outlets reported.Nike ( NKE ) did not immediately respond to MT Newswires' request for comment. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.</div>

Nike is facing a consumer class action lawsuit alleging it failed to return tariff-related costs passed on to customers through price hikes. The lawsuit follows a Supreme Court decision that invalidated certain trade duties, potentially allowing Nike to retain government refunds. Plaintiffs claim Nike raised prices on shoes and clothing by up to $10 to offset approximately $1 billion in levies on imported products. Nike has not yet commented on the lawsuit.

fidelity

Nike Faces Consumer Class Action Lawsuit Over Retention of Tariff Refunds