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Kuehn Law Encourages Investors of Malibu Boats, Inc. to Contact Law Firm
MBUUMalibu Boats(MBUU) GlobeNewswire News Room·2024-10-31 18:09

NEW YORK, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of Malibu Boats, Inc. (NASDAQ: MBUU) breached their fiduciary duties to shareholders. According to a federal securities lawsuit, Malibu Boats insiders caused the company to misrepresent or fail to disclose that (1) Malibu Boats had engaged in an "elaborate scheme to over manufacture and pump nearly $100 million of its highest priced, highest margin, slow mov ...