NEW YORK, Nov. 02, 2018 (GLOBE NEWSWIRE) -- Rosen Law Firm, a global investor rights law firm, reminds
purchasers of the securities of Skechers U.S.A., Inc. (NYSE: SKX) from October 20, 2017 through July 19, 2018, both dates inclusive
(the “Class Period”) of the important November 5, 2018 lead plaintiff deadline in the class action. The lawsuit seeks to recover
damages for Skechers investors under the federal securities laws.
To join the Skechers class action, go to https://www.rosenlegal.com/cases-1221.html or call Phillip Kim, Esq. or Zachary Halper, Esq.
toll-free at 866-767-3653 or email pkim@rosenlegal.com or zhalper@rosenlegal.com for information on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY
COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT
THIS POINT. AN INVESTOR’S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.
According to the lawsuit, defendants during the Class Period made materially false and/or misleading statements
and/or failed to disclose that: (1) Skechers lacked the operational infrastructure to handle demand and sustain true sales growth
in its international markets; (2) Skechers was relying on expensive, third-party operational solutions to drive its sales growth;
(3) Skechers’ expenses would outgrow sales for the foreseeable future; (4) Skechers’ international sales growth was not sustainable
without heavy spending by Skechers; and (5) as a result, defendants’ statements about Skechers’ business, operations, and
prospects, were materially false and/or misleading and/or lacked a reasonable basis. When the true details entered the market, the
lawsuit claims that investors suffered damages.
A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court
no later than November 5, 2018. A lead plaintiff is a representative party acting on behalf of other class members in directing the
litigation. If you wish to join the litigation, go to https://www.rosenlegal.com/cases-1221.html to join the class action. You may also contact
Phillip Kim or Zachary Halper of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or zhalper@rosenlegal.com.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm.
Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions
and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of
securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Attorney Advertising.
Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
Zachary Halper, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
zhalper@rosenlegal.com
www.rosenlegal.com
