HLLY - SHAREHOLDER ALERT: Levi & Korsinsky Notifies Holley Inc. (HLLY) Investors of a Class Action Lawsuit and Upcoming Deadline | Benzinga

NEW YORK, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Holley Inc. ("Holley" or the "Company") (NYSE:HLLY) of a class action securities lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Holley investors who were adversely affected by alleged securities fraud between July 21, 2021 and February 6, 2023. Follow the link below to get more information and be contacted by a member of our team:

https://zlk.com/pslra-1/holley-lawsuit-submission-form?prid=56244&wire=3 

HLLY investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.

CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed 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 up the vast majority of Holley's revenue, were suffering significant damage; (ii) Holley used discounting and other similar efforts to ...

HLLY) Investors of a Class Action Lawsuit and Upcoming Deadline>Full story available on Benzinga.com