Law360: Skechers Escapes Suit Over Summer Sales Stock Drop

September 24, 2019

O’Melveny secured a win on behalf of Skechers USA in a proposed class action lawsuit filed its investors, as this article reported. A federal judge in New York dismissed investors’ claims that Sketchers released misleading and overconfident statements before its stock dropped in October 2015.

O’Melveny partners Abby Rudzin and Seth Aronson are representing Sketchers USA.