NEW ORLEANS, Nov. 17, 2017
/PRNewswire/ -- ClaimsFiler, a FREE shareholder information
service, reminds investors that they have until December 22, 2017 to file lead plaintiff
applications in a securities class action lawsuit against Skechers
U.S.A., Inc. (NYSE: SKX), if they
purchased the Company's shares between April
23, 2015 and October 22, 2015,
inclusive (the "Class Period"). This action is pending in the
United States District Court for the Southern District of
New York.
Get Help
Skechers investors should visit us at
https://www.claimsfiler.com/cases/view-skechers-usa-inc-securities-litigation-2
or call to speak to our claim center toll-free at (844) 367-9658.
About the Lawsuit
Skechers and certain of its executives are charged with failing
to disclose material information during the Class Period, violating
federal securities laws.
On October 22, 2015, the Company
released its Q3 2015 results, which revealed net sales far below
analysts' consensus estimates based on $20
million in net sales being moved from Q3 to Q2 2015 because
of early customer deliveries as well as a weaker retail environment
than expected.
On this news, the price of Skechers shares plummeted
$14.55 per share, or 31.50 percent,
to close on October 23, 2015 at
$31.64 per share.
About ClaimsFiler
ClaimsFiler has a single mission: to serve as the information
source to help retail investors recover their share of billions of
dollars from securities class action settlements. ClaimsFiler's
team of experts monitor the securities class action landscape and
cull information from a variety of sources to ensure comprehensive
coverage across a broad range of financial instruments.
To learn more about ClaimsFiler, visit www.claimsfiler.com.
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