Crocs, inc. (crox) faces securities class action over heydude pipeline – hagens berman

San francisco, feb. 14, 2025 (globe newswire) -- investors in crocs, inc. (nasdaq: crox) suffered yet another loss on oct. 29, 2024 after the company prepared investors for disappointing q4 and fy 2024 financial results that, in turn, sent shares crashing $26.47 (-19%). according to the company, the culprit was its heydude operating segment performance. now a class action lawsuit has been filed focused on the propriety of crocs' disclosures about sales practices within its heydude operating segment, which crocs acquired in mid-february 2022.
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