The Laborers Local 235 Benefit Fund filed suit in Southern District New York against the company and its top three executives on behalf of stockholders who bought shares from Oct. 20, 2017 until Jul. 19, 2018, charging that the company’s claims that it would be leveraging its SG&A spending were false because it was relying on heavy use of third party logistics providers to fuel its growth in China. SKX must have known that its heavy spending would exceed sales growth for the foreseeable future but told investors otherwise, ... Log in to view full article.