Captioned Carretta v. Crocs, Inc., No. 25-cv-00096 (D. Del.), the Crocs class action lawsuit charges Crocs and certain of Crocs’ top executives with violations of the Securities Exchange Act ...
The case, which centers on sales of HEYDUDE shoes, a brand Crocs acquired in February 2022, is the latest to claim a corporation violated federal securities laws by counting sales to third-party ...
Crocs Inc. overstocked shoes from a newly-acquired footwear brand, artificially inflating share prices until disclosures about saturated inventory and sluggish demand prompted a series of stock drops ...