Malibu Boats, Inc.
(NASDAQ GS: MBUU)
Rigrodsky Law, P.A. is investigating potential claims against the officers and directors of Malibu Boats, Inc. (“Malibu Boats” or the “Company”) on behalf of stockholders.
ABOUT THE INVESTIGATION:
The investigation covers stockholders who purchased or otherwise acquired Malibu Boats shares on or before November 4, 2022 and continue to hold their shares.
The investigation concerns whether Malibu Boats and certain of its directors and/or officers issued materially misleading information and/or failed to disclose material information to the investing public. Specifically, the investigation concerns whether Malibu Boats and certain of its directors and/or officers failed to disclose to shareholders, among other things, that: (i) the Company engaged in an “elaborate scheme” to over manufacture and pump nearly $100 million worth of high priced, slow moving boat inventory into fifteen dealerships of one of the Company’s dealers, Tommy’s Boats; (ii) as a result, Malibu Boats’ sales performance, market share, and stock value were artificially inflated; (iii) the Company withheld certain incentives and rebates from its dealers; and (iv) as a result of the foregoing, Malibu Boats faced substantial risk of litigation from one of its top dealers.
THERE IS NO COST TO YOU.
There is no cost to you to join this action. We represent investors on a contingency fee basis. This means that we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees only if we are successful.
If you are interested in joining the action or receiving more information, you may fill out the form below or contact Leah Wihtelin cost free at (516) 693-8926 or by email at lw@rl-legal.com.