SAN DIEGO, April 03, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons who purchased or otherwise acquired Fox Factory Holding Corp. (NASDAQ:FOXF) common stock between May 6, 2021 and November 2, 2023. Fox Factory engineers, manufactures, and markets high-performance suspension products for numerous applications throughout the world.
For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.
The Allegations: According to the complaint, during the class period, defendants misled the market concerning demand for Fox Factory's products and inventory levels.
On November 2, 2023, after the markets closed, Fox Factory filed a Form 8-K with the SEC, reporting that its net sales for the third quarter of fiscal year 2023 decreased 19.1% year-over-year due ...