San Diego, CA -- (SBWire) -- 10/17/2023 --Malibu Boats, Inc. is under investigation on shares over potential securities laws violations in connection with certain financial statements.
Investors who purchased shares of Malibu Boats, Inc. (NASDAQ: MBUU), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by Malibu Boats, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Loudon, TN based Malibu Boats, Inc. designs, engineers, manufactures, markets, and sells a range of recreational powerboats. Malibu Boats, Inc. reported that its Total Revenue rose from over $1.21 billion for the 12 months period that ended on June 30, 2022, to over $1.388 billion for the 12 months period that ended on June 30, 2023.
Shares of Malibu Boats, Inc. (NASDAQ: MBUU) declined from $65.45 per share on February 02, 2023, to as low as $46.57 per share on September 22, 2023.
Those who purchased shares of Malibu Boats, Inc. (NASDAQ: MBUU) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
NASDAQ:MBUU Investor Notice: Investigation over Possible Securities Laws Violations by Malibu Boats, Inc.
An investigation for investors in Malibu Boats, Inc. (NASDAQ:MBUU) shares over potential securities laws violations by Malibu Boats, Inc. was announced.