Malibu Boats, Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm for More Information - MBUU
Malibu Boats(MBUU) Prnewswire·2024-06-10 17:45
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Malibu Boats had 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) as a result, the Company artificially inflated Malibu's sales performance, market share, and stock value; (3) the Company was withholding certai ...