SHAREHOLDER ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of October 2, 2023 in the Class Action Filed on Behalf of Hayward Holdings, Inc.(HAYW) Shareholders

NEW YORK, Aug. 28, 2023

Class Period: March 2, 2022 to July 27, 2022
Lead Plaintiff Deadline: October 2, 2023
No obligation or cost to you.

Learn more about your recoverable losses in HAYW:
https://www.kleinstocklaw.com/pslra-1/hayward-lawsuit-loss-submission-form-2?id=44778&from=4

Hayward Holdings, Inc. NEWS - HAYW NEWS

CLASS ACTION CASE DETAILS: The filed complaint alleges that Hayward Holdings, Inc. made materially false and/or misleading statements and/or failed to disclose that: (a) Hayward and its management had engaged in a channel-stuffing scheme designed to artificially boost Hayward's short-term sales and earnings; (b) Hayward had flooded its channel partners with inventory that they did not want or need at a level that far outpaced then-existing consumer demand; (c) Hayward's channel partners were suffering from an inventory glut as a result of the channel-stuffing scheme that would require a massive destocking in the second half of 2022; (d) Hayward's channel-stuffing scheme had cannibalized future sales, materially impairing the Company's ability to sell to its customers; (e) 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 (f) as a result of (a)-(e) above, Hayward's projected 2022 financial results were not achievable and lacked a reasonable basis in fact.

WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Hayward you have until October 2, 2023 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

NO COST TO YOU: If you purchased Hayward securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.