According to the complaint, during the class period, defendants failed to disclose to investors: (1) that Malibu Boats engaged in an "elaborate scheme to over manufacture and pump nearly $100 million of its highest priced, highest margin, slow moving boat inventory into fifteen [] Tommy's dealerships"; (2) that, as a result, the Company artificially inflated Malibu's sales performance, market share, and stock value; (3) that the Company was withholding certain incentives and rebates from its dealers; (4) th ...

The class action concerns whether Malibu Boats and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. NEW YORK, June 05, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Malibu Boats, Inc. ("Malibu Boats" or the "Company") (NASDAQ: MBUU). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4- POMLAW), toll-free, Ext. 7980. Those who inquire by e-m ...

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com. The Malibu class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) that Malibu Boats engaged in an "elaborate scheme to over manufacture and pump nearly $100 million of its high ...

NEW YORK, June 5, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Malibu Boats, Inc. (NASDAQ: MBUU). Shareholders who purchased shares of MBUU during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rig ...

NEW YORK, June 05, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Malibu Boats, Inc. ("Malibu Boats" or "the Company") (NASDAQ: MBUU) and certain of its officers. Class Definition: This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Malib ...

Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of Malibu Boats, Inc. during the specified class period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - Investors who purchased Malibu Boats securities between November 4, 2022, and April 11, 2024, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by June 28, 2024 [3]. Group 2: Allegations Against Malibu Boats - The lawsuit alleges that Malibu Boats engaged in an elaborate scheme to over-manufacture and pump nearly $100 million of its highest-priced, highest-margin, slow-moving boat inventory into fifteen dealerships [5]. - As a result of this scheme, Malibu Boats allegedly inflated its sales performance, market share, and stock value, while also withholding certain incentives and rebates from its dealers [5]. - The lawsuit claims that Malibu Boats faced substantial litigation risks from one of its top dealers, and the CEO departed due to involvement in this scheme, leading to materially misleading statements about the company's business and prospects [5]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company and being ranked No. 1 for the number of settlements in 2017 [4]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4].

NEW YORK, June 04, 2024 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP: Do you, or did you, own shares of Malibu Boats, Inc. (NASDAQ: MBUU)? Did you purchase your shares between November 4, 2022 and April 11, 2024, inclusive? Did you lose money in your investment in Malibu Boats, Inc.? Do you want to discuss your rights? Bernstein Liebhard LLP announces that a securities class action lawsuit has been filed on behalf of investors who purchased or acquired the securities of Malibu Boats, Inc. ("Malibu Boats" or t ...

NEW YORK, June 3, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Malibu Boats, Inc. (NASDAQ: MBUU) between November 4, 2022 and April 11, 2024, both dates inclusive (the "Class Period"), of the important June 28, 2024 lead plaintiff deadline. SO WHAT: If you purchased Malibu Boats securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHA ...

NEW YORK, June 03, 2024 (GLOBE NEWSWIRE) -- Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, announces the filing of a class action lawsuit against Malibu Boats, Inc. ("Malibu Boats" or "the Company") (NASDAQ: MBUU) for violations of the federal securities laws on behalf of investors who purchased or acquired Malibu Boats common stock between November 4, 2022 and April 11, 2024, inclusive (the "Class Period"). On April 29, 2024, a complaint was filed against the ...

NEW YORK, May 30, 2024 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Malibu Boats, Inc. ("Malibu Boats" or the "Company") (NASDAQ: MBUU) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Malibu Boats investors who were adversely affected by alleged securities fraud between November 4, 2022 and April 11, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/malibu-boats-inc-law ...