Investigation Overview
August 6, 2013 (Update) - On July 24, 2013, Crocs, Inc. reported its financial results for the second quarter 2013. Among other things, Crocs, Inc. also issued its financial outlook for the third quarter 2013.
Shares of Crocs, Inc. (NASDAQ:CROX) declined from $17.51 per share on July 23, 2013, to $13.06 per share on July 25, 2013.
On August 6, 2013, NASDAQ:CROX shares closed at $14.18 per share.
Oct. 26, 2012 (Shareholders Foundation) -- An investigation on behalf of investors of Crocs, Inc. (NASDAQ:CROX) shares over potential securities laws violations by Crocs, Inc. and certain of its directors and officers in connection certain financial statements was announced .
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Crocs, Inc. (NASDAQ:CROX) concerning whether a series of statements by Crocs, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Crocs, Inc. (NASDAQ:CROX) reported that its annual Revenue rose from $645.77 million in 2009 to over $1 billion in 2011 and its Net Loss of $42.08 million in 2009 turned into a Net Income of $112.79 million in 2011.
Shares of Crocs, Inc. (NASDAQ:CROX) grew from as low as $1.19 per share in early 2009 to as high as $31.33 per share in July 2011.
On October 24, 2012, after the market closed, Crocs, Inc. (NASDAQ:CROX) reported its third quarter 2012 financial results.
Shares of Crocs, Inc. (NASDAQ:CROX) fell from $16.19 per share on October 24, 2012, to as low as $12.68 per share on October 25, 2012.