Johnson Fistel Investigates Fairness of Proposed Sale of Skechers to 3G Capital

SAN DIEGO--(BUSINESS WIRE)--Shareholder rights law firm Johnson Fistel, PLLP has launched an investigation into whether the board members of Skechers U.S.A., Inc. (NYSE: SKX) breached their fiduciary duties in connection with the proposed sale of the Company to 3G Capital Corp. (“3G”).

Shareholder rights law firm Johnson Fistel, PLLP has launched an investigation into whether the board members of Skechers U.S.A., Inc. (NYSE: SKX) breached their fiduciary duties in connection with the proposed sale of the Company to 3G Capital Corp.

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On May 5, 2025, Skechers entered into a definitive agreement pursuant to which 3G will acquire all outstanding shares of the Company in a go-private transaction. Under the terms of the agreement, each holder of Company common stock may elect to receive either $63.00 in cash per share or $57.00 in cash per share plus one unit in the post-closing private entity controlled by 3G. The post-closing units will be subject to customary and numerous other restrictions on transfer. Over the twelve-month period preceding the announcement, Skechers common stock traded at levels approaching $80.00 per share.

You can click or copy and paste the following link to join this investigation: https://www.johnsonfistel.com/investigations/skechers

If you are a shareholder of Skechers and believe the proposed buyout price is too low or you're interested in learning more about the investigation, please contact lead analyst Jim Baker (jimb@johnsonfistel.com) at 619-814-4471. If emailing, please include a phone number.

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