Legal Opinion
Sanchez v. Crocs, Inc.
Court of Appeals for the Tenth Circuit
Decided July 19, 2016No. 11-1116UnpublishedCited by 2 opinions
1Opinion of the Court
ORDER AND JUDGMENT *
Jerome A. Holmes, Circuit Judge
Plaintiffs-Appellants Antonio Pedrera Sanchez, Fernando Pedrera Sanchez, 1 Harvey Babbitt, and Daniel J. Lundberg (collectively, “Plaintiffs”) filed a putative securities fraud class action complaint against Crocs Inc., several company officers (collectively, “Crocs Defendants”), and the company’s auditor, Deloitte & Touche, LLP (“Deloitte”), alleging that various company reports fraudulently represented the value of Crocs’s inventory and the adequacy of its internal controls over financial reporting. The district court dismissed the…
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