Proposed Settlement Announced in Hayward Holdings, Inc. Securities Class Action

Overview of Proposed Class Action Settlement for Hayward Holdings, Inc.

On March 30, 2026, the United States District Court for the District of New Jersey announced a proposed class action settlement regarding Hayward Holdings, Inc. This legal action is initiated by the City of Southfield Fire and Police Retirement System on behalf of individuals who purchased or acquired Hayward Holdings, Inc. common stock between October 27, 2021, and July 28, 2022. The proposed settlement amounts to $19.85 million in cash and aims to address the allegations of securities fraud against the company.

Background of the Case

The class action lawsuit centers around claims that Hayward Holdings and various key individuals made materially false and misleading statements concerning the company’s inventory, growth, and demand trends for its pool products during the class period. The Lead Plaintiff asserts that due to these alleged misrepresentations, the stock of Hayward traded at artificially inflated prices. When these truths were eventually revealed, the stock price experienced a decline, leading to financial damages for investors.

Despite the seriousness of the allegations, the defendants in the case, which include Hayward officials and associated investment firms, deny any wrongdoing or liability. The proposed settlement is described as a compromise rather than an admission of guilt or fault.

Details of the Settlement

The court has scheduled a hearing for July 28, 2026, to determine the fairness and adequacy of the proposed settlement, how the funds will be allocated among claimants, and whether legal fees and service awards sought by plaintiff counsel will be approved. Additionally, this hearing will consider whether the court should dismiss the action with prejudice and certify the Settlement Class for settlement purposes.

Important Information for Class Members

Eligible shareholders—those who bought or acquired Hayward Holdings stock during the class period—are advised that their rights could be affected by this settlement. If you are part of this settlement class, you must file a Proof of Claim to participate in the distribution of the settlement fund. This can be submitted by mail or electronically but must be postmarked or submitted by June 19, 2026.

If you do not file a valid Proof of Claim by the specified date, you will forfeit your right to participate in the settlement and will still be bound by the court's decisions and orders, including the releases of claims.

Moreover, if you wish to opt-out of the settlement, a request for exclusion must also be submitted by May 20, 2026. Those who exclude themselves will not be bound by the court’s determination and are not entitled to any of the settlement fund.

Conclusion and Next Steps

This proposed class action represents a significant chapter for shareholders of Hayward Holdings amid ongoing legal scrutiny. Investors are encouraged to stay informed about the proceedings and ensure they take necessary actions to protect their interests. All inquiries other than requests for settlement notices should be directed to the Lead Counsel, Scott+Scott Attorneys at Law LLP. Maintaining transparency during this process will be vital for restoring investor confidence and ensuring fair outcomes for those impacted.

For more detailed information about the settlement, you can visit the dedicated website or contact the Claims Administrator at the provided addresses.