Class Actions from Mode

Malibu Boats Securities Settlement — $7.8 Million Fund Now Open for Claims

If you bought Malibu Boats (MBI) securities during the class period, you may be eligible for a payment from a new $7.8 million securities class action settlement. Here’s what you need to know and how to file quickly if you arrived from an email link.

Why the Lawsuit Exists?

Investors allege that Malibu Boats and certain executives made false or misleading statements about the company’s financial condition, inventory levels, and dealer network between November 4, 2022 and May 1, 2024.

According to the lawsuit, these statements allegedly inflated the stock price, causing losses when corrective information was released.

The defendants deny all wrongdoing, but agreed to settle to avoid further litigation.

Who Qualifies?

You may be included if you:

  • Purchased or otherwise acquired Malibu Boats securities (common stock or call/put options)
  • Between November 4, 2022 and May 1, 2024, inclusive
  • And were damaged as a result

Entities and individuals may qualify. Nominees must notify beneficial owners or provide their information to the administrator.

How Much You Can Get?

The settlement fund totals $7,800,000. Payments depend on:

  • Number of valid claims
  • Type of security (stock or options)
  • Your purchase and sale dates
  • Your recognized loss calculation

Estimated average recoveries:

  • $0.77 per damaged share before fees
  • $0.11 per damaged option before fees
  • Approximately $0.24 per share after fees
  • Approximately $0.03 per option after fees

Claimants calculated to receive less than $10 will not receive a payout.

Your Options

OptionDeadlineWhat It Means
Submit a Claim FormFebruary 14, 2026Only way to receive payment. Filing binds you to the settlement.
Exclude YourselfJanuary 6, 2026Opt out and retain the right to sue separately. You receive no payment.
ObjectJanuary 6, 2026Tell the Court why you oppose the settlement while remaining in the class.
Attend the HearingJanuary 27, 2026 at 3:00 p.m.Optional. Speak about the settlement with Court approval.
Do NothingN/AYou get no payment but give up rights to sue if you remain in the class.

How to File a Claim?

  1. Submit online or download a claim form from the settlement website
  2. Include the last four digits of your SSN or full taxpayer ID number
  3. Provide detailed transaction information:
    • Trade dates
    • Number of shares/options
    • Total purchase/sale prices
  4. Attach documentation, such as:
    • Broker statements
    • Trade confirmations
    • Any verified statement showing the same information
  5. File by February 14, 2026 (online or postmarked)

Mailing Address:
Malibu Boats Securities Litigation
c/o A.B. Data Ltd.
P.O. Box 173139
Milwaukee, WI 53217

Payments will be mailed after final approval and the resolution of any appeals.

Ready to File? Submit Your Claim Here

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Filing Settlement Claims

Important: If you do not qualify for this settlement, do not submit a claim.
Submitting false or misleading information will result in your claim being rejected and may carry legal consequences for perjury. Dishonest claims also take away from Class Members who are rightfully entitled to settlement benefits.
If you’re unsure about your eligibility, visit the official Settlement Administrator’s website and review their FAQ. (Note: modeclassactionsdaily.com is an informational resource only and is not affiliated with any class action administrator.)Don’t qualify for this one? Browse our database of other open settlements you may be eligible to join.