NEW
YORK, June 21, 2023 /PRNewswire/ -- The
Gross Law Firm issues the following notice to shareholders of
Hayward Holdings, Inc.:
Hayward designs, manufactures, and markets a broad portfolio of
pool equipment and associated automation systems, selling products
primarily to distributors, major pool builders, buying groups,
servicers, and specialty on-line resellers, all of which, in turn,
sell Hayward's products to the pool owner. Hayward purports to have
good channel inventory knowledge as channel partners report
inventory positions directly to Hayward. On July 28, 2022, Hayward revealed that its channel
partners planned to reduce the inventory on hand, requiring Hayward
to reduce its 2022 guidance. On this news, Hayward's stock declined
over 18%.
Due to the forgoing, The Gross Law Firm is investigating
potential securities fraud claims on behalf of certain
Hayward investors. If you incurred a loss on your HAYW investment,
please contact us using the link below to discuss your rights.
https://securitiesclasslaw.com/securities/hayward-loss-submission-form/?id=41092&from=4
WHY GROSS LAW FIRM? The Gross Law Firm is a nationally
recognized class action law firm, and our mission is to protect the
rights of all investors who have suffered as a result of deceit,
fraud, and illegal business practices. The Gross Law
Firm is committed to ensuring that companies adhere to responsible
business practices and engage in good corporate citizenship. The
firm seeks recovery on behalf of investors who incurred losses when
false and/or misleading statements or the omission of material
information by a company lead to artificial inflation of the
company's stock. Attorney advertising. Prior results do not
guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm