HLLY - Lowey Dannenberg Notifies Holley Inc. f/k/a Empower Ltd. (Holley or the Company) (NYSE: HLLY) Investors of Securities Class Action Lawsuit and Encourages Investors with more than $300000 in Losses to Contact the Firm | Benzinga

NEW YORK, Nov. 10, 2023 (GLOBE NEWSWIRE) -- Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, announces the filing of a class action lawsuit against Holley Inc. f/k/a Empower Ltd. ("Holley" or the "Company") (NYSE:HLLY) for violations of the federal securities laws on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Barclays securities between July 22, 2019 and October 12, 2023, both dates inclusive (the "Class Period").

On November 6, 2023, a complaint was filed against the Company and certain of its former and current officers alleging that throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (i) 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 ...

HLLY) Investors of Securities Class Action Lawsuit and Encourages Investors with more than $300,000 in Losses to Contact the Firm>Full story available on Benzinga.com