INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Halyard Health, Inc. & Kimberly-Clark Corp. of a Class Action L...
August 12 2016 - 10:13AM
Business Wire
The following statement is being issued by Levi & Korsinsky,
LLP:
To: All persons or entities who purchased or otherwise
acquired: (a) securities of Kimberly-Clark Corporation
(NYSE:KMB) on or after February 25, 2013 and subsequently received
Halyard Health, Inc. (NYSE:HYH) securities pursuant to the
KMB spin-off of Halyard, effective as of October 31, 2014; and/or
(b) Halyard securities between October 21, 2014 and April 29,
2016.
You are hereby notified that a securities class action
has commenced in the USDC for the Southern District of New York. To
get more information go to:
http://www.zlk.com/pslra/halyard-health.
On October 7, 2014, KMB announced the spin-off of its Health
Care segment as Halyard and announced that KMB shareholders would
receive one Halyard share for every 8 shares of KMB stock they
owned. Then on May 1, 2016, a report on 60 Minutes reported that
KMB and Halyard had knowingly provided defective surgical gowns to
U.S. workers at the height of the Ebola crisis. According to a
Company insider, Halyard’s MICROCOOL surgical gowns were prone to
leaks and did not consistently meet industry safety standards for
the treatment of Ebola, yet KMB and Halyard had nonetheless
continued to aggressively market the MICROCOOL gowns to hospitals
during this epidemic.
If you suffered a loss in Halyard you have until August 29, 2016 to request that the Court
appoint you as lead plaintiff. Your ability to share in any
recovery doesn’t require that you serve as a lead plaintiff. To
obtain additional information, contact Joseph E. Levi, Esq. either
via email at jlevi@zlk.com or by telephone at (212) 363-7500,
toll-free: (877) 363-5972, or visit
http://www.zlk.com/pslra/halyard-health.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, California, Connecticut, and Washington D.C. The
firm’s attorneys have extensive experience representing investors
in securities litigation involving financial fraud, and have
recovered hundreds of millions of dollars for aggrieved
shareholders. Attorney advertising. Prior results do not guarantee
similar outcomes.
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version on businesswire.com: http://www.businesswire.com/news/home/20160812005420/en/
Levi & Korsinsky, LLPJoseph E. Levi, Esq., 212-363-7500Toll
Free: 877-363-5972Fax: 212-363-7171www.zlk.com
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