Rosen Law Firm Urges Malibu Boats MBUU Investors to Act Before Securities Class Action Deadline

NEW YORK, June 20, 2024 ( GLOBE NEWSWIRE ) -- Investors who have purchased securities from Malibu Boats, Inc. MBUU between November 4, 2022, and April 11, 2024, are being reminded by Rosen Law Firm, a premier investor rights law firm, to secure legal counsel prior to the impending June 28, 2024 deadline in relation to a securities class action. This call to action follows allegations that the company may have issued materially misleading business information to the investing public.

Background on Malibu Boats, Inc. MBUU

Malibu Boats, Inc., located in Loudon, Tennessee, is recognized for designing, manufacturing, distributing, marketing, and selling a diverse range of recreational boats. As a significant player in the boating industry, the company caters to enthusiasts and boating aficionados across the market.

Details on the Securities Class Action

The period specified for the class action, known as the class period, spans from November 4, 2022, to April 11, 2024. During this timeframe, investors who acquired Malibu Boats' securities and were potentially affected by the company's alleged dissemination of misleading information are encouraged to consult with legal advisors. The suit claims that the company failed to disclose crucial details affecting its business prospects, which, in turn, impacted investor decisions.

Important Deadline for MBUU Investors

Rosen Law Firm highlights June 28, 2024, as the crucial deadline for investors to be appointed as lead plaintiff in the class action. The firm urges MBUU investors to consider their legal options and secure representation to ensure their rights are protected. Those who suffered losses in Malibu Boats' stocks may be eligible to recover damages through the class action process.

Investment, Lawsuit, Deadline