CROX Investors Have Opportunity to Lead Crocs, Inc. Securities Fraud Lawsuit

Class Action Lawsuit Overview - A class action lawsuit has been filed on behalf of purchasers of Crocs, Inc (NASDAQ: CROX) common stock between November 3, 2022, and October 28, 2024 [1] - Shareholders who purchased Crocs stock during the Class Period may be entitled to compensation without out-of-pocket fees through a contingency fee arrangement [2] - To join the lawsuit, shareholders can visit the Rosen Law Firm's website or contact Phillip Kim, Esq by phone or email [3][6] Details of the Allegations - The lawsuit alleges that Crocs failed to disclose key information about the nature and sustainability of HEYDUDE's revenue growth [5] - Specifically, the company allegedly concealed that 2022 revenue growth was largely driven by efforts to stock third-party wholesalers and retailers following the February 2022 acquisition of HEYDUDE [5] - As retail partners began destocking excess inventory, waning product demand negatively impacted the company's financial results [5] - The lawsuit claims that defendants' representations about the company's business, operations, and prospects were materially false and misleading [5] Rosen Law Firm Background - The Rosen Law Firm specializes in securities class actions and shareholder derivative litigation, representing global investors [4] - The firm achieved the largest ever securities class action settlement against a Chinese company at the time [4] - Ranked No 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017 [4] - Consistently ranked in the top 4 each year since 2013, recovering hundreds of millions of dollars for investors [4] - In 2019 alone, the firm secured over $438 million for investors [4] Legal Process Information - No class has been certified yet, and investors are not represented by counsel unless they retain one [7] - Investors may select their own counsel or remain absent class members [7] - The ability to share in any potential future recovery is not dependent on serving as lead plaintiff [7]