Skechers USA Inc


Case Summary
Company Name: Skechers USA Inc
Stock Symbol : NYSE:SKX
Class Period Start: 04/23/2015
Class Period End: 10/22/2015
Lead Plaintiff motion: 12/22/2017
Date Filed: 10/20/2017
Type of Case: Securities Class Action
Court: U.S. District Court for the Southern District of New York

Thieler Law Corp advises investors with losses exceeding $100,000 of the December 22, 2017 lead plaintiff deadline in a class action lawsuit filed against Skechers USA Inc (NYSE:SKX) (“Skechers” or “the Company”). The suit is pending in the U.S. District Court for the Southern District of New York and investors, who purchased Skechers USA Inc securities between April 23, 2015 and October 22, 2015, have until December 22, 2017 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Skechers USA Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that the Company’s domestic wholesale customers took early receipt of fall 2015 inventory, causing them to delay receipt of and, in some cases, cancel pending orders scheduled for delivery in the second half of 2015; that the Company’s domestic wholesale growth rate was not sustainable; and thus, the Company’s positive statements about its business and prospects were materially false and misleading at all relevant times.

Following this news, NYSE:SKX dropped in value materially, which caused investors harm according to the Complaint.

If you were negatively impacted by your investment in Skechers USA Inc securities between April 23, 2015 and October 22, 2015 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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