Levi & Korsinsky is investigating potential claims on behalf of purchasers of Skechers USA Inc. (“Skechers” or the “Company”) (NYSE: SKX) securities concerning possible breaches of fiduciary duty.
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On May 16, 2012, Skechers settled legal claims brought against the Company by the U.S. Federal Trade Commission (“FTC”) and various state Attorneys General. The FTC investigation concerned whether the Company engaged in improper advertising of its toning shoe products. Skechers has agreed to pay $45 million to settle the claims.
If you own Skechers stock and wish to obtain additional information about the investigation and your legal rights, please contact Joseph E. Levi, Esq. either via email at
or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit
Levi & Korsinsky is a national firm with offices in New York and Washington D.C. The firm has extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major securities lawsuits and have successfully recovered multimillion-dollar damages awards on behalf of investors. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.