MBUU - Holzer & Holzer LLC Reminds Shareholders of June 28 2024 Lead Plaintiff Deadline in Malibu Boats Inc. (MBUU) Class Action – Investors With Significant Losses Encouraged to Contact the Firm | Benzinga

ATLANTA, June 25, 2024 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against Malibu Boats, Inc. ("Malibu Boats" or the "Company") (NASDAQ:MBUU). The lawsuit alleges that Defendants made materially false and misleading statements and/or failed to disclose material adverse information regarding the Company's business, operations, and prospects, including allegations that: (1) Malibu Boats engaged in an "elaborate scheme to over manufacture and pump nearly $100 million of its highest priced, highest margin, slow moving boat inventory into fifteen [] Tommy's dealerships"; (2) as a result, the Company artificially inflated its sales performance, market share, and stock value; (3) the ...

MBUU) Class Action – Investors With Significant Losses Encouraged to Contact the Firm>Full story available on Benzinga.com