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-0.00029342723004689 -0.00058685446009378 -0.00176056338028155 -0.00058685446009378 -0.00029342723004689 -0.00029342723004689 -0.00029342723004689 -0.00029342723004689
Stock impact report

Malibu Boats (MBUU) Crashes on Dealer’s Allegations of Scheme to Artificially Inflate Sales – Hagens Berman

Malibu Boats, Inc. (MBUU) 
Last malibu boats, inc. earnings: 2/6 07:00 am Check Earnings Report
Company Research Source: GlobeNewswire
SAN FRANCISCO, April 22, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Malibu Boats, Inc. (NASDAQ: MBUU) investors who suffered substantial losses to submit your losses now. Visit: www.hbsslaw.com/investor-fraud/MBUU Contact An Attorney Now: MBUU@hbsslaw.com                                                      844-916-0895 Malibu Boats, Inc. (MBUU) Investigation: On Apr. 15, shares in Malibu Boats declined appx. 8% and reached a four year low on news of a sensational lawsuit brought by one of the company’s largest dealerships. Late last week, Tommy’s Boats, a dealership that has accounted for approximately one-third of Malibu’s powerboat sales, filed a verified complaint in Tennessee federal court, alleging the company 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 (15) Tommy’s dealerships in order to artificially inflate Malibu’s sales Show less Read more
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