Company Website:
http://www.wongesq.com/
NEW YORK -- (Business Wire)
The Law Offices of Vincent Wong announce that a class action lawsuit has
been commenced in the United States District Court for the Southern
District of New York on behalf of investors who purchased Skechers
U.S.A., Inc. ("Skechers") (NYSE:SKX) securities between April
23, 2015 and October 22, 2015.
Click here to learn about the case: http://www.wongesq.com/pslra-sbm/skechers-u-s-a-inc?wire=2.
There is no cost or obligation to you.
The complaint alleges that, during the Class Period, statements made by
defendants pertaining to back-half 2015 customer demand and sales growth
related thereto were materially false and misleading because Defendants
failed to disclose that: (1) 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; (2) as a result of the foregoing, the Company’s
Domestic Wholesale growth rate was unsustainable; and (3) the Company’s
positive statements about its business, operations, and prospects lacked
a reasonable basis.
If you suffered a loss in Skechers you have until December 22, 2017
to request that the Court appoint you as lead plaintiff. Your ability to
share in any recovery doesn’t require that you serve as a lead
plaintiff. To obtain additional information, contact Vincent Wong, Esq.
either via email vw@wongesq.com, by
telephone at 212.425.1140, or visit http://www.wongesq.com/pslra-sbm/skechers-u-s-a-inc?wire=2.
Vincent Wong, Esq. is an experienced attorney that has represented
investors in securities litigations involving financial fraud and
violations of shareholder rights. Attorney advertising. Prior results do
not guarantee similar outcomes.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171108006666/en/
Contacts:
The Law Offices of Vincent Wong
Vincent Wong, Esq., 212-425-1140
Fax.
866-699-3880
vw@wongesq.com
Source: The Law Offices of Vincent Wong
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