EQUITY ALERT: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Halyard Health, Inc. and Kimberly-Cl...
August 02 2016 - 1:49PM
Rosen Law Firm, a global investor rights law firm, announces the
filing of a class action lawsuit on behalf of investors who: (1)
purchased or otherwise acquired Halyard Health, Inc. securities
(NYSE:HYH) from October 21, 2014 through April 29, 2016, both dates
inclusive; and/or (2) purchased or otherwise acquired
Kimberly-Clark Corporation securities (NYSE:KMB) on or after
February 25, 2013 and received Halyard securities pursuant to
Kimberly-Clark’s October 31, 2014 spin-off of Halyard
(collectively, the “Class Period”). The lawsuit seeks to recover
damages for Halyard investors under the federal securities laws.
To join the Halyard class action, go to the firm’s
website at http://rosenlegal.com/cases-890.html or call Phillip
Kim, Esq. or Kevin Chan, Esq. toll free at 866-767-3653 or email
pkim@rosenlegal.com or kchan@rosenlegal.com for more information on
the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE
ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY
COUNSEL UNLESS YOU RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS
MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR
CHOICE.
According to the lawsuit, defendants throughout the
Class Period issued false and misleading statements to investors
and/or failed to disclose that: (1) the MICROCOOL surgical gowns
consistently failed effectiveness tests and failed to meet industry
standards; (2) Kimberly-Clark and Halyard had knowingly provided
defective MICROCOOL surgical gowns to U.S. workers during the Ebola
crisis; and (3) as a result, defendants’ public statements were
materially false and misleading at all relevant times. When the
true details entered the market, the lawsuit claims that investors
suffered damages.
A class action lawsuit has already been filed. If
you wish to serve as lead plaintiff, you must move the Court no
later than August 29, 2016. A lead plaintiff is a representative
party acting on behalf of other class members in directing the
litigation. If you wish to join the litigation, go to the firm’s
website at http://rosenlegal.com/cases-890.html for more
information. You may also contact Phillip Kim, Esq. or Kevin Chan,
Esq. of Rosen Law Firm toll free at 866-767-3653 or via email at
pkim@rosenlegal.com or kchan@rosenlegal.com.
Rosen Law Firm represents investors throughout
the globe, concentrating its practice in securities class actions
and shareholder derivative litigation.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
kchan@rosenlegal.com
www.rosenlegal.com
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