Robbins LLP is Investigating Allegations that Skechers U.S.A., Inc. (SKX) Engaged in a Fraudulent Scheme to Buy Out Unaffiliated Shareholders at an Artificially Depressed Price

Robbins LLP informs investors that a class action was filed on behalf of investors who sold Skechers U.S.A., Inc. (formerly trading on NYSE: SKX) Class A common stock from April 24, 2025 through the closing of the take-private acquisition of Skechers by 3G Capital Partners L.P. and its affiliates on September 12, 2025 (the “Class Period”). Skechers designs and markets footwear, apparel, and accessories in regional offices and showrooms globally.

Why Was Skechers Sued?

According to the complaint, Skechers was involved in a take-private acquisition by 3G Capital Partners L.P. that closed on September 25, 2025.

Plaintiff alleges that, during the Class Period, defendants: (i) falsely asserted that the take-private acquisition and the $63 per share consideration were fair; (ii) made materially misleading statements about the mixed merger consideration and the impact of the U.S. and China tariffs on the Company; and (iii) misled investors about strategic alternatives and purported efforts to explore such alternatives. The Complaint further alleges that certain defendants, including 3G Capital and Greenhill, engaged in a scheme and course of conduct to deceive Skechers shareholders.

Plaintiff contends that defendants’ wrongful acts and omissions caused plaintiff and the Class to suffer damages through the sale of their Skechers’ shares at artificially deflated prices during the Class Period. Additionally, had plaintiff and the Class not been induced to sell at deflated prices, they could have secured the fair value of their shares through an appraisal proceeding.

Who May Be Eligible to Participate in the Skechers U.S.A., Inc. Class Action?

The lawsuit seeks to represent investors who sold Skechers U.S.A., Inc. Class A common stock between April 25, 2025 through September 12, 2025. Investors who suffered losses during that period may have legal rights under the federal securities laws. Submit a form for information.

All representation is on a contingency fee basis. Shareholders pay no fees or expenses.