September 26, 2017 / 2:49 PM / in 23 days

BRIEF-Adidas confirms employee arrested by federal investigators

Sept 26 (Reuters) - Adidas says

* Today, we became aware that federal investigators arrested an Adidas employee. We are learning more about the situation.

* We’re unaware of any misconduct and will fully cooperate with authorities to understand more. U.S. prosecutors on Tuesday charged 10 people including four college basketball coaches and financial advisers with bribery and fraud in connection with college recruiting.

Further company coverage:

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