Core Viewpoint - Hayward Holdings, Inc. is facing legal scrutiny regarding allegations of misleading investors about sales practices and inventory levels, with a securities fraud lawsuit moving forward against the company and its executives [2][3]. Group 1: Legal Investigation - Schubert Jonckheer & Kolbe LLP is investigating potential legal claims related to Hayward Holdings, urging current shareholders to reach out for more information [1]. - The investigation focuses on whether Hayward's officers and directors engaged in wrongdoing concerning the alleged misleading sales practices [3]. Group 2: Securities Fraud Lawsuit - A U.S. District Court judge has allowed key claims in a securities fraud lawsuit against Hayward Holdings to proceed, which alleges that the company inflated sales figures through "channel stuffing" and pushed excess inventory into the distribution pipeline [2]. - The lawsuit claims that these practices resulted in an undisclosed inventory glut, negatively impacting future sales and leading to a decline in Hayward's stock price when the truth was revealed, causing significant losses for investors [2].
Hayward Holdings, Inc. Investor Alert (NYSE: HAYW): Schubert Jonckheer & Kolbe LLP Investigating Potential Shareholder Claims Against the Company's Officers and Directors for Possible False Statements