Case Background:
This is a federal securities fraud class action lawsuit on behalf of those who purchased or otherwise acquired Crocs, Inc. (“Crocs”) (NASDAQ: CROX) securities between November 3, 2022 and October 28, 2024, inclusive (the “Class Period”).
The complaint alleges that, throughout 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 Crocs’ financial results.
Current Status of Case:
On October 15, 2025, the Court appointed Lead Plaintiff and Lead Counsel. This action is ongoing.
If you wish to discuss this action or have any questions, 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.