Rigrodsky Law, P.A. Is Investigating Malibu Boats, Inc. On Behalf of Shareholders

Rhea-AI Summary

Rigrodsky Law, P.A. has announced an investigation into potential claims against the officers and directors of Malibu Boats, Inc. (NASDAQ GS: MBUU) on behalf of stockholders. The investigation focuses on shareholders who purchased or acquired Malibu Boats shares on or before November 4, 2022.

Stockholders interested in learning more about the investigation and their rights can visit the law firm's website at https://www.rl-legal.com/cases-malibu-boats-inc. Additionally, they can contact Leah Wihtelin free of charge at (516) 693-8926 or via email at lw@rl-legal.com for further information.

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• None.

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• Potential legal investigation against Malibu Boats' officers and directors
• Possible claims on behalf of stockholders may indicate governance issues

WILMINGTON, DE / ACCESSWIRE / October 21, 2024 / Rigrodsky Law, P.A. is investigating potential claims against the officers and directors of Malibu Boats, Inc. ("Malibu Boats" or the "Company") (NASDAQ GS:MBUU) on behalf of stockholders.

If you purchased or otherwise acquired Malibu Boats shares on or before November 4, 2022 and want to learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-malibu-boats-inc. You may also contact Leah Wihtelin cost free at (516) 693-8926 or by email at lw@rl-legal.com.

About the Investigation:

The investigation concerns whether Malibu Boats and certain of its directors and/or officers issued materially misleading information and/or failed to disclose material information to the investing public. Specifically, the investigation concerns whether Malibu Boats and certain of its directors and/or officers failed to disclose to shareholders, among other things, that: (i) the Company engaged in an "elaborate scheme" to over manufacture and pump nearly $100 million worth of high priced, slow moving boat inventory into fifteen dealerships of one of the Company's dealers, Tommy's Boats; (ii) as a result, Malibu Boats' sales performance, market share, and stock value were artificially inflated; (iii) the Company withheld certain incentives and rebates from its dealers; and (iv) as a result of the foregoing, Malibu Boats faced substantial risk of litigation from one of its top dealers.

About Rigrodsky Law:

Rigrodsky Law, P.A., with offices in Delaware and New York, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in securities fraud and corporate class actions nationwide.

Attorney advertising. Prior results do not guarantee a similar outcome.

Contact:

Rigrodsky Law, P.A.
Seth D. Rigrodsky, Esq.
Gina M. Serra, Esq.
Call or Text: (302) 295-5310
Email: info@rl-legal.com

SOURCE: Rigrodsky Law

View the original press release on accesswire.com

FAQ

What is the purpose of Rigrodsky Law's investigation into Malibu Boats (MBUU)?

Rigrodsky Law, P.A. is investigating potential claims against the officers and directors of Malibu Boats, Inc. (MBUU) on behalf of stockholders who purchased or acquired shares on or before November 4, 2022.

How can Malibu Boats (MBUU) shareholders get more information about the investigation?

Shareholders can visit https://www.rl-legal.com/cases-malibu-boats-inc or contact Leah Wihtelin at (516) 693-8926 or lw@rl-legal.com for more information about the investigation and their rights.

What is the date range for Malibu Boats (MBUU) stock purchases relevant to this investigation?

The investigation concerns stockholders who purchased or acquired Malibu Boats (MBUU) shares on or before November 4, 2022.

Who is conducting the investigation into Malibu Boats (MBUU)?

Rigrodsky Law, P.A. is conducting the investigation into potential claims against the officers and directors of Malibu Boats, Inc. (MBUU).