NEW YORK, March 02, 2025 (GLOBE NEWSWIRE) — Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Crocs, Inc. (NASDAQ:CROX) and certain of the Company’s senior executives for potential violations of the federal securities laws.
If you invested in Crocs, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/crocs-inc.
Investors have until March 24, 2025, to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors who purchased Crocs common stock. The case is pending in the U.S. District Court for the District of Delaware and is captioned Carretta v. Crocs, Inc., et al., No. 25-cv-00096.
Why was Crocs Sued for Securities Fraud?
Crocs is a casual lifestyle footwear brand. In February 2022, the Company completed its acquisition of HEYDUDE, a footwear brand focusing on casual, comfortable, and lightweight footwear. As alleged, Crocs’s CEO, Andrew Rees, assured investors that Crocs would not “play the game of forcing inventory …
