August 29th Deadline Alert: Law Offices of Howard G. Smith Reminds Investors of Deadline in the Class Action Lawsuit Against ...
August 15 2016 - 1:18PM
Business Wire
Law Offices of Howard G. Smith reminds investors of the
upcoming August 29, 2016 deadline to file a lead
plaintiff motion in the class action filed on behalf of a class
(the “Class”) of investors who purchased Halyard Health, Inc.
(“Halyard” or the “Company) (HYH) and Kimberly-Clark Corporation
(“Kimberly-Clark” or the “Company”) (KMB) on or after February 25,
2013 and subsequently received Halyard shares pursuant to
Kimberly-Clark's spin-off of Halyard, effective as of October 31,
2014; and/or (2) purchased or otherwise acquired Halyard securities
between October 21, 2014 and April 29, 2016, inclusive
(collectively, the "Class Period").
The Complaint alleges that throughout the Class Period,
Defendants made materially false and misleading statements
regarding the Company's business, operational and compliance
policies. Specifically, Defendants made false and/or misleading
statements and/or failed to disclose that: (1) the Company's
MICROCOOL surgical gowns constantly failed its tests to meet
industry standards; (2) Kimberly-Clark and Halyard knew of the
defects and still provided MICROCOOL surgical gowns to U.S. workers
during the Ebola crisis; and (3) consequently, Defendants' public
statements were materially false and misleading at all relevant
times.
If you purchased Halyard and/or Kimberly-Clark shares during the
Class Period, you may move the Court no later than August
29, 2016 to request appointment as lead plaintiff. To be a
member of the class you need not take any action at this time; you
may retain counsel of your choice or take no action and remain an
absent member of the Class. If you wish to learn
more about this action, or if you have any questions
concerning this announcement or your rights or interests with
respect to these matters, please contact Howard G. Smith, Esquire,
of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847,
toll-free at (888) 638-4847, or by email to
howardsmith@howardsmithlaw.com, or visit our website at
http://www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: http://www.businesswire.com/news/home/20160815005971/en/
Law Offices of Howard G. SmithHoward G. Smith,
Esquire215-638-4847888-638-4847howardsmith@howardsmithlaw.comwww.howardsmithlaw.com
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