NEW
YORK, May 17, 2025 /PRNewswire/ -- Julie
& Holleman LLP, a top-tier shareholder rights firm, is
investigating the acquisition of Skechers U.S.A., Inc. (NYSE: SKX) by global investment
firm 3G Capital. The law firm has already uncovered conflicts of
interest and believes the deal price is too low.
For a free consultation, please visit
https://julieholleman.com/skechers-usa-inc/. You may also contact
partner Scott Holleman at (929)
415-1020 or by email at scott@julieholleman.com.
Skechers is a footwear company controlled by the Greenberg
family, which includes company founder, CEO, and chairman
Robert Greenberg and his son,
Michael Greenberg, who serves as
president and as a member of the board of directors. The Greenbergs
collectively own more than 60% of the company's stock and
corresponding voting power.
On May 5, 2025, Skechers announced
that it would be sold to 3G Capital and become a private company.
Under the deal, Skechers stockholders may receive either
$63 per share in cash, or
$57 per share in cash plus a share in
the post-close, private entity. However, the post-close units may
not be traded without 3G's consent and are subject to numerous
other restrictions.
Julie & Holleman, whose attorneys have helped secure
hundreds of millions of dollars in prior cases, is pursuing
potential legal claims based on the apparent unfairness of the
deal. The firm is concerned about conflicts of interest of the
Greenbergs, who have committed to participating in the company
after the deal is completed. The firm is also concerned that the
upfront cash deal price ($63 per
share or $57 per share) is far below
Skechers' true value.
Please visit https://julieholleman.com/skechers-usa-inc/, or
contact partner Scott Holleman at
(929) 415-1020 or scott@julieholleman.com for more information.
FIRM INFORMATION
Julie & Holleman is a boutique law firm that focuses on
shareholder litigation, including derivative actions, mergers and
acquisitions cases, securities fraud class actions,
and corporate investigations. The firm's attorneys litigate in
state and federal courts across the nation and have helped secure
hundreds of millions of dollars for aggrieved companies and their
shareholders. For more information about the firm, please visit
www.julieholleman.com. This notice may constitute attorney
advertising.
Julie & Holleman LLP
W. Scott Holleman, Esq.
157 East 86th Street
4th Floor
New York, NY 10028
(929) 415-1020
www.julieholleman.com
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SOURCE Julie & Holleman LLP