MBUU STOCKHOLDERS – Contact Robbins LLP for Information About Pending Leading Plaintiff Deadline in Malibu Boats, Inc. Class Action
Malibu Boats(MBUU) GlobeNewswire News Room·2024-06-06 04:18
According to the complaint, during the class period, defendants failed to disclose to investors: (1) that Malibu Boats engaged in an "elaborate scheme to over manufacture and pump nearly $100 million of its highest priced, highest margin, slow moving boat inventory into fifteen [] Tommy's dealerships"; (2) that, as a result, the Company artificially inflated Malibu's sales performance, market share, and stock value; (3) that the Company was withholding certain incentives and rebates from its dealers; (4) th ...