Channel - stuffing scheme

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INVESTOR ACTION NOTICE: Moore Law PLLC Encourages Investors in Hayward Holdings Inc. to Contact Law Firm
GlobeNewswire News Room· 2025-07-02 20:17
Core Viewpoint - Moore Law, PLLC is investigating potential claims against Hayward Holdings, Inc. due to alleged false and misleading statements that have led to a decline in stock value [1][2] Group 1: Allegations Against Hayward Holdings - Hayward Holdings and its management are accused of engaging in a channel-stuffing scheme to artificially inflate short-term sales and earnings [3] - The company allegedly flooded its channel partners with unwanted inventory, significantly exceeding existing consumer demand [3] - This channel-stuffing scheme is said to have cannibalized future sales, impairing Hayward Holdings' ability to sell to its customers [3] - As a result of these actions, the projected financial results for 2022 were deemed unachievable and lacked a reasonable basis in fact [3]
Kuehn Law Encourages Investors of Hayward Holdings, Inc. to Contact Law Firm
GlobeNewswire News Room· 2025-06-10 19:47
Core Viewpoint - Kuehn Law, PLLC is investigating potential breaches of fiduciary duties by officers and directors of Hayward Holdings, Inc. related to misrepresentation of financial practices and performance [1]. Group 1: Allegations of Misconduct - Insiders at Hayward allegedly engaged in a channel-stuffing scheme to artificially inflate short-term sales and earnings [2]. - The company reportedly flooded channel partners with unwanted inventory, significantly exceeding consumer demand [2]. - This channel-stuffing led to an inventory surplus for partners, necessitating a substantial de-stocking in the latter half of 2022 [2]. - The scheme is said to have cannibalized future sales, adversely affecting Hayward's ability to sell to customers [2]. - A slowdown in demand for pool equipment, combined with excess inventory, resulted in a need for channel partners to reduce their stock levels [2]. - Consequently, projected financial results for 2022 were deemed unachievable and lacked a factual basis [2].