Le Lézard
Classified in: Business
Subject: ATY

SKECHERS SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Skechers U.S.A., Inc. - (SKX)


NEW ORLEANS, Nov. 17, 2017 /PRNewswire/ -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until December 22, 2017 to file lead plaintiff applications in a securities class action lawsuit against Skechers U.S.A., Inc. (NYSE: SKX), if they purchased the Company's shares between April 23, 2015 and October 22, 2015, inclusive (the "Class Period").  This action is pending in the United States District Court for the Southern District of New York.

Get Help

Skechers investors should visit us at https://www.claimsfiler.com/cases/view-skechers-usa-inc-securities-litigation-2 or call to speak to our claim center toll-free at (844) 367-9658.  

About the Lawsuit

Skechers and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws. 

On October 22, 2015, the Company released its Q3 2015 results, which revealed net sales far below analysts' consensus estimates based on $20 million in net sales being moved from Q3 to Q2 2015 because of early customer deliveries as well as a weaker retail environment than expected.

On this news, the price of Skechers shares plummeted $14.55 per share, or 31.50 percent, to close on October 23, 2015 at $31.64 per share.

About ClaimsFiler

ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. ClaimsFiler's team of experts monitor the securities class action landscape and cull information from a variety of sources to ensure comprehensive coverage across a broad range of financial instruments.

To learn more about ClaimsFiler, visit www.claimsfiler.com.

 

SOURCE ClaimsFiler


These press releases may also interest you

at 04:13
Hackensack, NJ, is witnessing significant progress in the construction of The Forte, a 315,000-square-foot mixed-use building at 95 Anderson Street. This development, spearheaded by Fouerti Realty, is poised to bring 222 residential units, 238...

at 03:36
OKX, a leading Web3 technology company, today announced an exciting partnership between its OKX Wallet and Ethena, an Ethereum-based synthetic dollar protocol, to launch the Ethena USDe Bonus Event....

at 02:56
On the evening of 19 April, Gotion High-tech (002074) released its 2023 annual report. The company achieved operating revenue of RMB 31.605 billion, an increase of 37.11% YoY; operating profit of RMB 975 million, an increase of 390.92% YoY; and net...

19 avr 2024
OKX, a leading Web3 technology company, today added support for Runes, a new fungible token standard by Casey Rodarmor, a former Bitcoin developer and artist, following today's Bitcoin halving. With this addition, users can now create, mint, manage...

19 avr 2024
The Minister of Indigenous Services, Patty Hajdu, issued the following statement today: "I would like to sincerely thank Mr. Pedro Arrojo-Agudo, the United Nations Special Rapporteur on the human rights to safe drinking water and sanitation, for...

19 avr 2024
TSX VENTURE COMPANIES BULLETIN V2024-1145 GOOD NATURED PRODUCTS INC. ("GDNP") ("GDNP.DB")BULLETIN TYPE: Convertible Debenture/s, Miscellaneous, HaltBULLETIN DATE: April 19, 2024TSX Venture Tier 2 Company Good Natured Products Inc. (the "Company")...



News published on and distributed by: