HAYW INVESTOR DEADLINE

Robbins Geller Rudman & Dowd LLP Files Class Action Lawsuit Against Hayward Holdings, Inc. and Announces Opportunity for Investors with Substantial Losses to Lead Case

Robbins Geller Rudman & Dowd LLP announced that it has filed a class action lawsuit seeking to represent purchasers of Hayward Holdings, Inc. (NYSE: HAYW) common stock between March 2, 2022 and July 27, 2022, both dates inclusive (the “Class Period”). Captioned City of Southfield Fire and Police Retirement System v. Hayward Holdings, Inc., No. 23-cv-04146 (D.N.J.), the Hayward Holdings class action lawsuit charges Hayward Holdings, certain of its top executive officers, as well as its controlling shareholders with violations of the Securities Exchange Act of 1934.

If you suffered substantial losses and wish to serve as lead plaintiff, please provide your information here:

https://www.rgrdlaw.com/cases-hayward-holdings-inc-class-action-lawsui ...

You can also contact attorney J.C. Sanchez of Robbins Geller by calling 800/449-4900 or via e-mail at [e-mail]. Lead plaintiff motions for the Hayward Holdings class action lawsuit must be filed with the court no later than October 2, 2023.

CASE ALLEGATIONS: Hayward Holdings is a global designer, manufacturer, and marketer of a broad portfolio of pool equipment and associated automated systems.

As the Hayward Holdings class action lawsuit alleges, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) Hayward Holdings and its management had engaged in a channel-stuffing scheme designed to artificially boost Hayward Holdings’ short-term sales and earnings; (ii) Hayward Holdings had flooded its channel partners with inventory that they did not want or need at a level that far outpaced then-existing consumer demand; (iii) Hayward Holdings’ channel partners were suffering from an inventory glut as a result of the channel-stuffing scheme that would require a massive de-stocking in the second half of 2022; (iv) Hayward Holdings’ channel-stuffing scheme had cannibalized future sales, materially impairing Hayward Holdings’ ability to sell to its customers; (v) 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 (vi) as a result of the above, Hayward Holdings’ projected 2022 financial results were not achievable and lacked a reasonable basis in fact.