| COMPANY |
Crocs, Inc. |
| COURT |
United States District Court for the District of Delaware |
| CASE NUMBER |
25-cv-00096 |
| JUDGE |
The Hon. Jennifer L. Hall |
| CLASS PERIOD |
November 3, 2022 through October 28, 2024 |
| SECURITY TYPE |
Common Stock |
Case Background:
This is a securities fraud class action lawsuit on behalf of persons and entities that purchased or otherwise acquired Crocs, Inc. (“Crocs”) (NASDAQ: CROX) securities between November 3, 2022, and October 28, 2024, inclusive (the “Class Period”).
Throughout the the Class Period, Defendants downplayed the impact of the Company’s overstocking of third-party wholesalers and retailers following the February 2022 acquisition of HEYDUDE. After the Company’s retail partners began to destock this excess inventory, Defendants further misled investors by concealing that waning product demand would significantly exacerbate the negative impact on the Company’s financial results.
Current Status of Case:
On January 22, 2025, the Initial Complaint was filed. Movants filed Motions to Appoint Lead Plaintiff and Lead Counsel on March 24, 2025. This action is ongoing.
If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Kessler Topaz Meltzer & Check, LLP: Jon Naji, Esq. (484) 270-1453; toll-free at (844) 887-9500; or via e-mail at info@ktmc.com. If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible.