Lost Money on Crocs, Inc.(CROX)? Join Class Action Suit Seeking Recovery - Contact Levi & Korsinsky
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A class action securities lawsuit has been filed against Crocs, Inc. alleging securities fraud between November 2022 and October 2024. The lawsuit claims the company made false statements about HEYDUDE's revenue growth, specifically that 2022 revenue was artificially inflated by stocking third-party wholesalers after the February 2022 acquisition, and that destocking and waning product demand negatively impacted financial results.
March 21, 2025 | 9:45 pm
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The lawsuit alleges securities fraud involving HEYDUDE's revenue growth, which could lead to potential financial penalties and damage to investor confidence.
The lawsuit directly targets Crocs and alleges systematic misrepresentation of financial performance, which could result in financial penalties, legal costs, and reduced investor trust.
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