Hayward Holdings ($HAYW) $19.8M Settlement
Hayward Holdings has reached a $19.8M settlement with $HAYW investors to resolve claims that it misled them about inventory levels in its distribution channels following its 2021 IPO.
Outline:
Hayward went public in March 2021 while highlighting strong demand and growth in the pool equipment market. Investors later alleged the company failed to disclose that distributors were stockpiling excess inventory. When Hayward revealed channel inventory was elevated, and demand was softening, the stock fell sharply. Investors sued over the alleged misstatements, and the company later settled.
Timeline:
March 2021: Hayward completed its IPO, raising over $685 million.
Throughout 2021: Hayward highlighted strong demand and growth in the pool industry.
July 28, 2022: Hayward disclosed elevated channel inventory and softening demand.
July 29, 2022: $HAYW fell nearly 24% following the disclosure.
2023: Investors filed suit alleging misstatements tied to inventory trends and sales visibility.
January 2026: Hayward reached a tentative settlement to resolve the claims.
Background:
Hayward is a manufacturer of pool equipment that went public in early 2021. During investor calls and filings throughout its first year as a public company, the company attributed strong revenue growth to end-market demand and product innovation.
Investors later alleged that a significant portion of that growth was driven by distributors stockpiling excess inventory rather than true underlying demand. According to the claims, this dynamic was not adequately disclosed to investors.
In July 2022, Hayward acknowledged that its distribution partners had accumulated elevated inventory and were reducing new orders to work through existing stock. The company also cut its full-year guidance as demand softened.
Investors argued these disclosures revealed that earlier statements about demand strength and sales visibility were misleading, which contributed to a sharp decline in $HAYW and shareholder losses.
What Can Investors Expect Now?
Hayward Holdings has reached a settlement with $HAYW investors to resolve claims tied to disclosures about distributor inventory levels and demand trends following its 2021 IPO.
If you were damaged due to this situation, you can file for a payout and get your share of the settlement. You can check if you are eligible and other details in the FAQ section.
Frequently Asked Questions
All persons or entities that purchased Hayward common stock between October 27, 2021, and July 28, 2022, inclusive.
No, if you have purchased securities within the class period, you are eligible to participate.
You can participate in the settlement and retain (or sell) your securities.
The entire process usually takes 4 to 9 months after the claim deadline. But the exact timing depends on the court and settlement administration.
If you're eligible, you can file your claim directly from this case page by clicking the "Collect Payout" button.
More than 100 companies are currently paying out settlements. Connect your brokerage account to automatically check which ones you may have missed — or file manually for this case.
11th.com is an investor recovery company that helps investors track and collect securities class action settlements. We will:
1. Prepare documents for your payout.
2. Audit the claim and make sure you get the maximum possible payout.
3. File a claim with the settlement administration.
4. Correspond with the settlement administration to resolve emerging issues.
5. Deliver payout directly to your brokerage account.
There is no upfront cost, but we will deduct 20% of the recovered amount as a commission for our services.