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Investors to file class-action suit in Skechers acquisition
Los Angeles Times
|November 22, 2025
Skechers investors are suing company executives and Skechers owner 3G Capital over what they say was an unfair sale price in an acquisition earlier this year.
HEDGE FUNDS and other big investors accuse Skechers of shortchanging them.
(CHRISTINA HOUSE Los Angeles Times)
3G Capital took the Manhattan Beach-based sneaker company private in a $9.4-billion deal that closed in September and reflected a share price of $63 per share.
In a class-action complaint filed this month in Delaware Chancery Court, hedge funds and other large Skechers investors accused the company and 3G Capital of arranging a non-independent deal that shortchanged minority shareholders.
This story is from the November 22, 2025 edition of Los Angeles Times.
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