Case Background:
This is a federal securities fraud class action lawsuit on behalf of those who purchased or otherwise acquired Hayward Holdings, Inc. (“Hayward”) (NASDAQ: HAYW) common stock between October 27, 2021 and July 28, 2022, inclusive (the “Class Period”).
The complaint alleges that, throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Hayward and its management had engaged in a channel-stuffing scheme designed to artificially boost Hayward’s short-term sales and earnings; (2) 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; (3) Hayward’s 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; (4) Hayward’s channel-stuffing scheme had cannibalized future sales, materially impairing Hayward’s ability to sell to its customers; (5) 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; (6) which resulted in Hayward’s projected 2022 financial results were not achievable and lacked a reasonable basis in fact; and (7) as a result of the foregoing, Defendants’ statements about the company’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times..
Current Status of Case:
On January 23, 2026, the Lead Plaintiff filed Motions for Class Certification and for Preliminary Approval of the Class Action Settlement. The Motions are currently being briefed by the parties, and after briefing is completed, the Court will take the Motions under advisement. This action is ongoing.
If you wish to discuss this action or have any questions, please contact Kessler Topaz Meltzer & Check, LLP: Jon Naji, Esq. (484) 270-1453; toll-free at (844) 887-9500; or via e-mail at info@ktmc.com. If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible.