Johnson Fistel Investigates Fairness of Proposed Sale of Skechers to 3G Capital

Group 1 - Johnson Fistel, PLLP has initiated an investigation into the board members of Skechers U.S.A., Inc. regarding potential breaches of fiduciary duties related to the proposed sale of the company to 3G Capital Corp [1] - On May 5, 2025, Skechers entered into a definitive agreement for a go-private transaction with 3G, where shareholders can choose to receive either $63.00 in cash per share or $57.00 in cash plus one unit in the post-closing private entity [2] - Prior to the announcement, Skechers common stock traded near $80.00 per share over the twelve months leading up to the deal [2] Group 2 - The investigation by Johnson Fistel is aimed at shareholders who believe the buyout price is too low and are interested in the details of the investigation [3] - Johnson Fistel is a nationally recognized law firm specializing in shareholder rights and has a history of representing both individual and institutional investors [4] - In 2024, Johnson Fistel was ranked in the Top 10 Plaintiff Law Firms, recovering approximately $90.725 million for clients in securities cases [5]