LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Malibu Boats, Inc. (“Malibu Boats” or “the Company”) (NASDAQ: MBUU) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Malibu Boats disclosed on April 12, 2024, that one of its largest dealers had filed a lawsuit against it claiming that the Company delivered $100 million worth of inventory in a scheme to artificially inflate its financial results and stock price. Based on this news, shares of Malibu Boats dropped by 8%.
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We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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