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Stock impact report

MBUU Investors Have Opportunity to Lead Malibu Boats, Inc. Securities Fraud Lawsuit

Malibu Boats, Inc. (MBUU) 
Last malibu boats, inc. earnings: 2/6 07:00 am Check Earnings Report
Company Research Source: PR Newswire
BENSALEM, Pa., May 6, 2024 /PRNewswire/ -- Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Malibu Boats, Inc. ("Malibu Boats" or the "Company") (NASDAQ: MBUU).Class Period: November 4, 2022 – April 11, 2024Lead Plaintiff Deadline: June 28, 2024Investors suffering losses on their Malibu Boats investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 215-638-4847 or by email to howardsmith@howardsmithlaw.com.The complaint filed alleges that, throughout 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, an Show less Read more
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