Ryan & Maniskas, LLP (
) is investigating potential claims against the board of directors of Skechers USA, Inc. ("Skechers" or the "Company") (NYSE: SKX) concerning whether the board has breached its fiduciary duties to shareholders.
For more information regarding our investigation, please contact Ryan & Maniskas, LLP (Richard A. Maniskas, Esquire) toll-free at (877) 316-3218 or by email at
Our investigation concerns whether the Skechers board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, and/or committed abuses of control in connection with the foregoing.
On May 16, 2012, the Company announced it had reached a settlement agreement relating to allegations that it used false advertising in the marketing of its toning shoe products, specifically the Shape-ups brand. Skechers will pay $45 million to settle the legal claims that were brought by the Federal Trade Commission, various state Attorneys General, and consumer class actions.
If you own shares of Skechers and would like to learn more about these claims or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at (877) 316-3218 or to sign up online, visit:
. You may also email Mr. Maniskas at
. For more information about class action cases in general, please visit our website:
Ryan & Maniskas, LLP is a national shareholder litigation firm. Ryan & Maniskas, LLP is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide.