September 24, 2019
A New York federal judge tossed proposed class claims against shoe company Skechers USA on Monday, finding that company statements related to the effects on company performance of a dockworker strike at the West Coast ports where many sneakers arrive in the United States weren't misleading.
October 20, 2017
A Skechers investor hit the shoe company with a putative stock-drop class action in New York federal court Friday, alleging it overstated its projected sales growth despite knowing that a slowdown at a port would hurt its shipping abilities, ultimately causing shares to fall 31.5 percent.