HAYW - MONDAY INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Hayward Holdings Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit | Benzinga
SAN DIEGO, Sept. 28, 2023 (GLOBE NEWSWIRE) -- The law firm of Robbins Geller Rudman & Dowd LLP announced that it has filed a class action lawsuit seeking to represent purchasers of Hayward Holdings, Inc. (NYSE:HAYW) common stock between March 2, 2022 and July 27, 2022, all dates inclusive (the "Class Period"). Captioned City of Southfield Fire and Police Retirement System v. Hayward Holdings, Inc., No. 23-cv-04146 (D.N.J.), the Hayward Holdings class action lawsuit charges Hayward Holdings, certain of its top executive officers, and its controlling shareholders with violations of the Securities Exchange Act of 1934.
If you suffered substantial losses and wish to serve as lead plaintiff, please provide your information here:
https://www.rgrdlaw.com/cases-hayward-holdings-inc-class-action-lawsuit-hayw.html
You can also contact attorney J.C. Sanchez of Robbins Geller by calling 800/449-4900 or via e-mail at jsanchez@rgrdlaw.com. Lead plaintiff motions for the Hayward Holdings class action lawsuit must be filed with the court no later than Monday, October 2, 2023.
CASE ALLEGATIONS: Hayward Holdings is a global designer, manufacturer, and marketer of a broad portfolio of pool equipment and associated automated systems.
As the Hayward Holdings class action lawsuit alleges, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) Hayward Holdings and its management had engaged in a channel-stuffing scheme designed to artificially boost Hayward Holdings' short-term sales and earnings; (ii) Hayward Holdings had flooded its channel partners with inventory that they did not want or need at a level ...