CROX Reminder of Final Opportunity to Lead Crocs, Inc. Securities Fraud Lawsuit with the Schall Law Firm

Core Viewpoint - A class action lawsuit has been filed against Crocs, Inc. for allegedly making false and misleading statements regarding the sustainability of revenue growth from its HEYDUDE acquisition, leading to investor losses [1][4]. Group 1: Lawsuit Details - The lawsuit is based on violations of the Securities Exchange Act of 1934, specifically §§10(b) and 20(a), and Rule 10b-5 [1]. - Investors who purchased Crocs securities between November 3, 2022, and October 28, 2024, are encouraged to participate in the lawsuit [2]. - The class has not yet been certified, meaning potential participants are not currently represented by an attorney [3]. Group 2: Allegations Against Crocs - The complaint alleges that Crocs misled the market about the sustainability of revenue growth from HEYDUDE, which was acquired in February 2022 [4]. - The revenue growth was reportedly driven by stocking excess inventory with third-party wholesalers and retailers, which later led to falling demand as retail partners began to destock [4]. - As a result of these misleading statements, when the truth emerged, investors suffered financial damages [4].