Skechers Wins Dismissal of Shareholder Derivative Suit
Delaware Chancery Court has dismissed with prejudice a 2022 shareholder derivative lawsuit over senior management’s personal use of Skechers’ aircraft. Michael Conte had sued SKX CEO and chairman Robert Greenberg, his sons Michael and Jeffrey, COO David Weinberg and members of the company’s board, ostensibly on behalf of all shareholders. The suit claimed that ... Log in to view full article.