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Retiree Benefit Trust of the City of Baltimore v. Malibu Boats, Inc. et al
Case Number:
1:24-cv-03254
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
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February 25, 2026
Malibu Boats Investor Attys Score $2.3M Fee Award
Attorneys who represent investors in powerboat maker Malibu Boats Inc. will receive $2.34 million, plus reimbursement of over $115,600 in costs, following resolution of claims the company nearly pushed a key dealer into bankruptcy by oversupplying it after a pandemic-era boat buying boom.
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August 01, 2025
Malibu Boats Inks $7.8M Investor Settlement Over Sales Woes
Powerboat maker Malibu Boats Inc. has agreed to pay $7.8 million as part of a deal to end a proposed investor class action alleging the company pushed one of its key dealers to the brink of bankruptcy by "pump[ing] the dealer full of boats" amid a post-COVID-19 boat business bust.