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The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Malibu Boats, Inc. (MBUU) Investors

Malibu Boats, Inc. (MBUU) 
Last malibu boats, inc. earnings: 2/6 07:00 am Check Earnings Report
Company Research Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired Malibu Boats, Inc. (“Malibu Boats” or the “Company”) (NASDAQ: MBUU) securities between November 4, 2022 and April 11, 2024, inclusive (the “Class Period”). Malibu Boats investors have until June 28, 2024 to file a lead plaintiff motion.If you are a shareholder who suffered a loss, click here to participate.On February 20, 2024, before the market opened, Malibu Boats announced the Company’s Chief Executive Officer (“CEO”) had “mutually agreed” to cease to serve as CEO.On this news, the Company’s stock price fell $4.33 or 9.1%, to close at $43.15 per share on February 20, 2024, on unusually heavy trading volume.Then, on April 11, 2024, after the market closed, Malibu Boats revealed that Tommy’s Boats (“Tommy’s”) had filed a complaint against the Company. After the Company disclosed news of the lawsu Show less Read more
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