The information contained on this web page is only a summary of information presented in more detail in the Notice of Proposed Class Action Settlement (the “Notice”), which you can access by clicking here. Since this website is just a summary, you should review the Notice for additional information.
If you are a Settlement Class Member, your legal rights will be affected by this Settlement whether you act or do not act.
Please read the Notice carefully.
IF YOU PURCHASED OR OTHERWISE ACQUIRED HAYWARD HOLDINGS, INC. COMMON STOCK BETWEEN OCTOBER 27, 2021 AND JULY 28, 2022 INCLUSIVE, YOU MAY BE ENTITLED TO A PAYMENT FROM THE CLASS ACTION SETTLEMENT.
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SUBMIT A PROOF OF CLAIM |
The only way to be eligible to receive a payment from the Settlement. Proofs of Claim must be postmarked or submitted electronically to the Claims Administrator by June 19, 2026. |
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EXCLUDE YOURSELF |
Get no payment. This is the only option that potentially allows you to ever be part of another lawsuit against the Defendants or any other Released Defendants’ Parties based on the matters being resolved by this Settlement. Exclusion requests must be mailed to the Claims Administrator, postmarked by May 20, 2026. |
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OBJECT |
Write to the Court about why you do not like the Settlement, Plan of Allocation, and/or request for attorneys’ fees, expenses, and service award. You are still eligible to be a member of the Class and submit a Proof of Claim. Objections must be filed with the Court by May 20, 2026. |
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ATTEND THE SETTLEMENT HEARING |
Ask to speak in Court about the fairness of the Settlement. Requests to speak must be filed with the Court by May 20, 2026. You are still eligible to be a member of the Class and submit a Proof of Claim. |
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DO NOTHING |
Get no payment. You will, however, still be a member of the Settlement Class, which means that you give up your right to ever be part of any other lawsuit against the Defendants or any other Released Defendants’ Parties about the legal claims being resolved by this Settlement, and that you will be bound by any judgments or orders entered by the Court in the Action. |
You may submit a claim or object, or do both, or do nothing. However, if you timely exclude yourself, that is the only thing you can do: you may not object in writing, you may not appear at the Settlement Hearing to state any objections, and you may not submit a claim. The Court presiding over this case must decide whether to approve the Settlement. Payments will be made only if the Court approves the Settlement, and only after resolution of any appeals and the review and processing of all Proofs of Claim. Please be patient.
What is this lawsuit about?
The Action alleges that Defendants violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder. Specifically, Lead Plaintiff alleges that during the Class Period of October 27, 2021 through July 28, 2022, Defendants Hayward Holdings, Inc. (“Hayward”), and its CEO and CFO made materially false and misleading statements and omissions regarding inventory, growth, and demand trends for Hayward’s pool products. The Action further alleges that the CCMP Defendants, MSD Defendants, and certain individual directors affiliated with those entities are liable as control persons under Section 20(a) of the Exchange Act. Lead Plaintiff contends that as a result of these alleged misrepresentations and omissions, Hayward’s stock traded at artificially inflated prices during the Class Period, and that Settlement Class Members suffered damages when the alleged truth was revealed and the stock price declined.
How do I know if I am part of the Class?
You are potentially a member of the Settlement Class if you purchased or otherwise acquired Hayward Holdings, Inc. common stock (ticker symbol HAYW) between October 27, 2021 and July 28, 2022, inclusive.
Please read Paragraph 8 of the Notice for exceptions to inclusion in the Class.
How much will my payment be?
At this time, it is not possible to determine how much any individual Class member may receive from the Settlement.
The Settlement will result in a fund of $19,850,000 in cash in exchange for a release of the Released Claims (defined in the Notice) and the dismissal of the Action as against all Defendants. After deductions for taxes, Court-approved attorneys’ fees and expenses, Lead Plaintiff’s service award, and costs of claims administration, the balance of the fund (the “Net Settlement Fund”) will be distributed pro rata, in accordance with a “Plan of Allocation,” to Settlement Class Members who submit valid Proofs of Claim. The proposed Plan of Allocation, which is subject to approval by Court, is described in more detail in the Notice.
The Settlement Hearing
The Court will hold a Settlement Hearing on July 28, 2026 at 12:00 p.m. Eastern Time, before The Honorable William J. Martini of the United States District Court for the District of New Jersey, Martin Luther King Building & U.S. Courthouse, 50 Walnut Street, Courtroom MLK 4B, Newark, New Jersey 07101, for the purpose of determining whether: (i) the Settlement, as set forth in the Stipulation, for $19,850,000 in cash should be approved by the Court as fair, reasonable, and adequate; (ii) Judgment, as provided under the Stipulation, should be entered; (iii) to award Plaintiff’s Counsel attorneys’ fees and expenses out of the Settlement Fund and, if so, in what amount; (iv) to award Lead Plaintiff a service award to be paid out of the Settlement Fund and, if so, in what amount; and (v) the Plan of Allocation should be approved by the Court.
Details about the Settlement Hearing will be posted on this website once available. Any updates and/or changes to the scheduling of the Settlement Hearing will be posted there as well. The Court may adjourn or continue the Settlement Hearing without further notice to members of the Settlement Class.
Any Settlement Class Member may appear at the Settlement Hearing and be heard on any of the foregoing matters; provided, however, that no such person shall be heard unless his, her, or its objection is made in writing and is filed and served in accordance with the instructions in question 15 of the Notice.
Class members do not need to attend the Settlement Hearing. Plaintiff’s Counsel will answer questions the Court may have. You are welcome to attend at your own expense if you would like to. If you send an objection, you do not have to come to Court to talk about it. As long as you mailed your written objection on time, the Court will consider it. You may also ask your own lawyer to attend or participate (at your own expense), but it is not necessary. Settlement Class Members do not need to appear at the hearing or take any other action to indicate their approval.
Further Information
For more details regarding this case, please reference the documents filed in the case under the “Court Documents” section at the top of this website. You may also contact the Claims Administrator or Lead Counsel for further information regarding this case.
Claims Administrator:
Hayward Holdings, Inc. Securities Litigation
c/o A.B. Data, Ltd.
P.O. Box 173127
Milwaukee, WI 53217
Email: info@HAYWSecuritiesLitigation.com
Telephone: (866) 302-5581
Lead Counsel:
Scott+Scott Attorneys at Law LLP
Cornelia Gordon
600 W. Broadway, Suite 3300
San Diego, CA 92101
Email: cgordon@scott-scott.com
Telephone: (619) 798-5303