Crocs, Inc. (CROX) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
20 mars, 17:00
Crocs, Inc. (CROX) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
PR Newswire
BENSALEM, Pa., March 20, 2025
BENSALEM, Pa. , March 20, 2025 /PRNewswire/ -- The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Crocs, Inc. ("Crocs" or the "Company") (NASDAQ: CROX ).
IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN CROCS, INC. (CROX), CONTACT THE LAW OFFICES OF HOWARD G. SMITH BEFORE MARCH 24, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.
Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at howardsmith@howardsmithlaw.com , by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com .
What Is The Lawsuit About?
The complaint filed
alleges
that, between
November 3, 2022
and October, 28 2024, Defendants failed to disclose to investors: (1) the nature and sustainability of HEYDUDE's revenue growth by concealing that 2022 revenue growth was driven, in large part, by the Company's efforts to stock third-party wholesalers and retailers following the
February 2022
acquisition of HEYDUDE; (2) that as the Company's retail partners began to destock this excess inventory, waning product demand further negatively impacted the Company's financial results; and (3) that as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
Contact Us To Participate or Learn More:
If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact:
Howard G. Smith, Esq.
,
Law Offices of
Howard G. Smith
,
3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania
19020,
Call us at: (215) 638-4847
Email us at:
howardsmith@howardsmithlaw.com
,
Visit our website at:
www.howardsmithlaw.com
.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contact Us:
Law Offices of
Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com
View original content: https://www.prnewswire.com/news-releases/crocs-inc-crox-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-302406599.html
SOURCE Law Offices of Howard G. Smith
Crocs, Inc. (CROX) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
20 mars, 17:00
Crocs, Inc. (CROX) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
PR Newswire
BENSALEM, Pa., March 20, 2025
BENSALEM, Pa. , March 20, 2025 /PRNewswire/ -- The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Crocs, Inc. ("Crocs" or the "Company") (NASDAQ: CROX ).
IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN CROCS, INC. (CROX), CONTACT THE LAW OFFICES OF HOWARD G. SMITH BEFORE MARCH 24, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.
Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at howardsmith@howardsmithlaw.com , by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com .
What Is The Lawsuit About?
The complaint filed
alleges
that, between
November 3, 2022
and October, 28 2024, Defendants failed to disclose to investors: (1) the nature and sustainability of HEYDUDE's revenue growth by concealing that 2022 revenue growth was driven, in large part, by the Company's efforts to stock third-party wholesalers and retailers following the
February 2022
acquisition of HEYDUDE; (2) that as the Company's retail partners began to destock this excess inventory, waning product demand further negatively impacted the Company's financial results; and (3) that as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
Contact Us To Participate or Learn More:
If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact:
Howard G. Smith, Esq.
,
Law Offices of
Howard G. Smith
,
3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania
19020,
Call us at: (215) 638-4847
Email us at:
howardsmith@howardsmithlaw.com
,
Visit our website at:
www.howardsmithlaw.com
.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contact Us:
Law Offices of
Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com
View original content: https://www.prnewswire.com/news-releases/crocs-inc-crox-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-302406599.html
SOURCE Law Offices of Howard G. Smith
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