HLLY - HLLY Investors Have Opportunity to Lead Holley Inc. Securities Fraud Lawsuit | Benzinga
LOS ANGELES, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP ("GPM") announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Holley Inc. ("Holley" or the "Company") (NYSE:HLLY).
Class Period: July 21, 2021 – February 6, 2023
Lead Plaintiff Deadline: January 5, 2024
If you wish to serve as lead plaintiff of the Holley lawsuit, you can submit your contact information at www.glancylaw.com/cases/Holley-Inc/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more about your rights.
The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors that: (1) as a result of Holley's extensive focus on its direct-to-consumer ("DTC") channel, Holley's critically important relationships with its resellers and distributors, whose business made up the vast majority of Holley's revenue, were suffering significant damage; (2) Holley used discounting and ...