HAYW NEWS: The Klein Law Firm Initiates an Investigation Involving Possible Securities Fraud Violations by Officers of Hayward Holdings, Inc.

NEW YORK, June 12, 2023 /PRNewswire/ -- The Klein Law Firm announces that it is investigating allegations that Hayward Holdings, Inc. ("Hayward") (NYSE: HAYW) violated federal securities laws.

CURRENT INVESTIGATION DETAILS: Hayward designs, manufactures, and markets a broad portfolio of pool equipment and associated automation systems, selling products primarily to distributors, major pool builders, buying groups, servicers, and specialty on-line resellers, all of which, in turn, sell Hayward's products to the pool owner. Hayward purports to have good channel inventory knowledge as channel partners report inventory positions directly to Hayward.

On July 28, 2022, Hayward revealed that its channel partners planned to reduce the inventory on hand, requiring Hayward to reduce its 2022 guidance. On this news, Hayward's stock declined over 18%.

HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the potential claims on behalf of HAYW investors, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/hayward-lawsuit-loss-submission-form?wire=4

ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
J. Klein, Esq.
535 Fifth Avenue
4th Floor
New York City, NY 10017
jk@kleinstocklaw.com
Telephone: (212) 616-4899
www.kleinstocklaw.com

SOURCE The Klein Law Firm