Crocs Hit With Stockholder Suit Over Heydude Revenue Woes
By Thy Vo ( February 21, 2025, 8:13 PM EST) -- An investor hit Crocs Inc. and its top management Friday with a derivative suit alleging they knew that revenue growth from a newly acquired brand was driven by overstocking inventory and wasn't sustainable, claiming company insiders profited off strong revenue reports that later hurt stockholders when inventory problems reared their ugly head....
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