EQUITY ALERT: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Halyard Health, Inc. & Kimberly-Clar...
June 29 2016 - 12:25PM
Business Wire
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 FloorNew
York, NY 10016Tel: (212) 686-1060Toll Free: (866) 767-3653Fax:
(212)
202-3827lrosen@rosenlegal.compkim@rosenlegal.comkchan@rosenlegal.comwww.rosenlegal.com
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version on businesswire.com: http://www.businesswire.com/news/home/20160629006098/en/
Rosen Law Firm866-767-3653Phillip Kim,
Esq.pkim@rosenlegal.comorKevin Chan, Esq.kchan@rosenlegal.com
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