Tommy's Files Federal Lawsuit Against OEM Partner Malibu Boats.

FOR IMMEDIATE RELEASE

GRAND RAPIDS, Mich., April 12, 2024 — Tommy's Boats announced today the company has filed a federal lawsuit against its long-time OEM partner Malibu Boats for several unresolved business issues.

Tommy's has been a provider of Malibu Boats for over a decade. We are very appreciative of our incredible partnership over the years and for the dedication and hard work of Malibu's employees. During this time, we have built relationships with customers and employees that are irreplaceable. 

Unfortunately, after multiple attempts to resolve the issues between Tommy's and Malibu, we were left with no choice but to allow the legal system to address the impasse. While we were disappointed in Malibu's public comments this week that mischaracterized the issues and our relationship, we look forward to more productive discussions in court.

Tommy's would like to thank the outstanding customers, employees, and many partners such as M&T Bank for their patience as we have worked through these issues. As always, our focus will be on servicing all customers and continuing to build strong, lasting relationships as we move into the future.

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Tommy's Boats is community of passionate water sports enthusiasts that live the lifestyle, promise uncompromising service, and bring people together on the water. One of the largest boat dealers in the country, Tommy's Boats as 20 retail and waterfront locations across the United States, including Arizona, California, Colorado, Florida, Michigan, Nevada, Texas, and Tennessee. The company is best known for its performance the water sports industry, which includes wakeboarding, waterskiing, wakesurfing, and more.