Skechers U.S.A., Inc. Class Action Lawsuit - SKX

Company
Skechers U.S.A., Inc. (NYSE: SKX)
Lead Plaintiff Deadline
November 5, 2018 (Expired)
Class Period
October 20, 2017 - July 19, 2018

Expired

Lead Plaintiff Deadline

Nov 5, 2018

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Allegations

(1) Skechers lacked the operational infrastructure to handle demand and sustain true sales growth in its international markets; (2) Skechers was relying on expensive, third-party operational solutions to drive its international sales growth; (3) Skechers' expenses would outgrow sales for the foreseeable future; (4) Skechers' international sales growth was not sustainable without such outgrown expenses; and (5) as a result of the foregoing, Defendants' statements about Skechers' business, operations, and prospects, were materially false and/or misleading and/or lacked a reasonable basis.

Eligibility

In order to be eligible to join the SKX class action lawsuit, you must have incurred a loss on shares of purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in during the relevant time frame or pursuant to the relevant offering(s), you have until November 5, 2018 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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