Adidas has fended off an appeal from shareholders who accused it of hiding misconduct by rapper-entrepreneur Kanye West - otherwise known as Ye - before their partnership broke down in 2022.
A San Francisco court said the sportswear giant did not mislead investors, who claimed they had lost money after Adidas shares plunged when it cut ties with West.
The Yeezy tie-up with West had been one of Adidas' most successful partnerships, but its collapse after a spate of anti-Semitic comments by the rapper cost the brand hundreds of millions of dollars.
The BBC has contacted Adidas for comment but could not reach the firm leading the class action or West's team.
West, who is not party to the lawsuit, was widely criticised after repeatedly making antisemitic remarks and promoting conspiracy theories.
