Crocs Hit with Shareholder Suit
The clogmaker was hit with a proposed class action suit filed in DE district court by Michael Anthony Carretta, naming CEO Andrew Rees, former CFO Anne Mehlman, and current CFO Susan Healy as defendants. According to the suit, CROX misled investors by concealing that Heydude’s strong revenue growth following its acquisition in 2022 was largely driven ... Log in to view full article.