Skechers Sued by Pension Fund
SKX, along with Robert and Michael Greenberg, were hit with a suit in CA district court by the Key West Police Officers & Firefighters Retirement plan, accusing the defendants of violating federal securities law. According to the suit, when Skechers decided to take the company private for about $9.4 billion, it failed to file with the SEC and share with its stockholders a required Schedule 13E-3. ... Log in to view full article.
