SAN DIEGO–(BUSINESS WIRE)–Robbins Geller Rudman & Dowd LLP announces an investigation into potential violations of U.S. federal securities laws by Hayward Holdings, Inc. (NYSE: HAYW) focused on whether Hayward Holdings and certain of its top executive officers made false and misleading statements and/or failed to disclose material information to investors.
If you have information that could assist in this investigation or if you are a Hayward Holdings investor who suffered a loss and would like to learn more, you can provide your information here:
THE COMPANY: Hayward Holdings is a global designer, manufacturer, and marketer of a broad portfolio of pool equipment and associated automated systems.
THE REVELATION: On July 28, 2022, Hayward Holdings revealed 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. Hayward Holdings further disclosed that it was reducing its 2022 guidance to reflect this inventory reduction. On this news, the price of Hayward Holdings common stock fell by approximately 18%.
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