Hayward Holdings, Inc.

HAYW

Find Out if You Qualify for a Financial Reward by filling out the form below.

Lead Plaintiff Deadline:
October 02, 2023

Days Left:
-287

calendar

Hayward Holdings, Inc. Form












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Allegations

The filed complaint alleges that defendants made false statements and/or concealed that: (a) Hayward and its management had engaged in a channel-stuffing scheme designed to artificially boost Hayward’s short-term sales and earnings; (b) Hayward had flooded its channel partners with inventory that they did not want or need at a level that far outpaced then-existing consumer demand; (c) Hayward’s channel partners were suffering from an inventory glut as a result of the channel-stuffing scheme that would require a massive destocking in the second half of 2022; (d) Hayward’s channel-stuffing scheme had cannibalized future sales, materially impairing the Company’s ability to sell to its customers; (e) the demand for pool equipment had slowed down, which, combined with flooding channel partners with more inventory, led to an inventory glut and the need for these channel partners to reduce inventory levels; and (f) as a result of (a)-(e) above, Hayward’s projected 2022 financial results were not achievable and lacked a reasonable basis in fact.

Eligibility

In order to be included in the lawsuit, you must have incurred a loss on shares of Hayward purchased or acquired during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in Hayward during the relevant time frame, you have until October 02, 2023 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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