An investigation for investors in Hayward Holdings, Inc. (NYSE:HAYW) shares over potential securities laws violations by Hayward Holdings, Inc. was announced.
San Diego, CA -- (SBWIRE) -- 03/22/2023 -- Hayward Holdings, Inc. is under investigation over potential securities laws violations in connection with certain financial statements.
Investors who purchased shares of Hayward Holdings, Inc. (NYSE: HAYW), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether certain statements by Hayward Holdings, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Charlotte. NC based Hayward Holdings, Inc. designs, manufactures, and markets a portfolio of pool equipment and associated automation systems in North America, Europe, and internationally. On July 28, 2022, Hayward Holdings, Inc. announced, that it was expecting its channel partners to reduce its inventory on hand by approximately 4 to 6 weeks in the second half of 2022. Consequently, the company revised its full-year 2022 outlook, anticipating a decline in net sales between 2% and 6% year-over-year, in contrast to its earlier forecast of net sales growth between 9% and 12% year-over-year.
Shares of Hayward Holdings, Inc. (NYSE: HAYW) declined to as low as $8.30 per share on October 13, 2022.
Those who purchased shares of Hayward Holdings, Inc. (NYSE: HAYW) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.