MBUU LAWSUIT ALERT: The Gross Law Firm Notifies Malibu Boats, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline

NEW YORK, May 09, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Malibu Boats, Inc. (NASDAQ:MBUU).

Shareholders who purchased shares of MBUU during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.

CONTACT US HERE:

https://securitiesclasslaw.com/securities/malibu-boats-inc-loss-submission-form/?id=78697&from=3

CLASS PERIOD: November 4, 2022 to April 11, 2024

ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Malibu Boats had 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 ...

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