---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-015856"
form_type: "8-K"
ticker: "MBUU"
cik: "0001590976"
company_name: "MALIBU BOATS, INC."
filed_at: "2024-04-11T23:59:59+00:00"
generated_at: "2026-06-04T00:04:28.147985+00:00"
event_type: "litigation"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Malibu Boats sued by Tommy's Boats dealership group over alleged breach of agreements

## Summary
- Fifteen Tommy's Boats dealerships filed complaint on Apr 10, 2024 in E.D. Tenn., alleging breach of contracts, fraud, and misrepresentation.
- Tommy's Boats locations accounted for 10.7% of consolidated net sales in FY23 and 23.3% of Malibu segment sales in FY23.
- No current dealership agreements with Tommy's Boats; Malibu initiating mitigation with dealer network.
- Boats LLC has repurchase agreement with M&T Bank covering ~$5.2M of Malibu/Axis boats related to Tommy's Boats floor plan.
- Malibu intends to vigorously defend; monetary damages sought by plaintiff.

## SEC filing metadata
- accession: 0001628280-24-015856
- form_type: 8-K
- ticker: MBUU
- cik: 0001590976
- company_name: MALIBU BOATS, INC.
- filed_at: 2024-04-11T23:59:59+00:00
- event_type: litigation
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1590976/000162828024015856/0001628280-24-015856-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590976/000162828024015856/mbuu-20240411.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-015856
- JSON: https://secwatch.observer/filing/0001628280-24-015856.json
- Plain text: https://secwatch.observer/filing/0001628280-24-015856.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.