# Skechers Lawsuit Over Financial Forecasts

> Skechers faces lawsuit after investors claim financial forecasts were lowered three times before $9.4 billion acquisition.
- Title: Skechers Lawsuit Over Financial Forecasts · Inc | Shortify
- Summary: Skechers faces lawsuit after investors claim financial forecasts were lowered three times before $9.4 billion acquisition. Skechers investors allege the…
- Keywords: skechers, 3g capital partners, robert greenberg, michael greenberg, securities fraud, financial forecasts, class-action lawsuit, Lawsuit, Financial, Forecasts, Inc
- Source: Inc — https://inc.com/moses-jeanfrancois/skechers-9-billion-dollar-sale-done-now-investors-challenging-forecasts-behind-it/91425385
- Read time: 1 min
- Topics: skechers, 3g capital partners, robert greenberg, michael greenberg, securities fraud, financial forecasts, class-action lawsuit
## Investor Lawsuit
Skechers investors allege the company misrepresented financial outlook by lowering forecasts three times after 3G Capital's final offer.

> Companies have an obligation to provide investors with complete and accurate information so that markets can function fairly and efficiently
## Deal Details
Skechers' leadership planned a $63 per share buyout for unaffiliated shareholders as part of a $9.4 billion acquisition by 3G Capital Partners, closing September 12, 2025.
## Leadership Control
The company's CEO, chairman, and co-founder Robert Greenberg and president and co-founder Michael Greenberg controlled Skechers through a stock structure giving their shares 10 times the voting power of ordinary shares.
## Key takeaway

Skechers investors allege the company misrepresented financial outlook by lowering forecasts three times after 3G Capital's final offer.