DEADLINE ALERT: Rigrodsky & Long, P.A. Reminds Shareholders Of Halyard Health, Inc. and Kimberly-Clark Corporation Of Upcomin...
August 12 2016 - 7:00AM
Rigrodsky & Long, P.A.:
- Do you, or did you, own shares of Halyard Health,
Inc. (NYSE:HYH) or Kimberly-Clark
Corporation (NYSE:KMB)?
- Did you purchase your shares of Halyard Health,
Inc. between October 21, 2014 and April 29, 2016,
inclusive?
- Did you purchase your shares of Kimberly-Clark
Corporation on or after February 25, 2013 and subsequently received
Halyard Health, Inc. securities pursuant to Kimberly-Clark
Corporation’s spin-off of Halyard Health, Inc., effective as of
October 31, 2014?
- Did you lose money in your investment?
Rigrodsky & Long, P.A. reminds shareholders
of Halyard Health, Inc. (“Halyard” or the “Company”) (NYSE:HYH)
and/or Kimberly-Clark Corporation (“Kimberly-Clark”) (NYSE:KMB) of
an upcoming deadline involving a securities fraud class action
lawsuit commenced against both parties. A complaint was filed in
the United States District Court for the Southern District of New
York on behalf of all persons or entities that purchased the common
stock of Halyard between October 21, 2014 and April 29, 2016,
inclusive, and Kimberly-Clark on or after February 25, 2013 and
subsequently received Halyard securities pursuant to
Kimberly-Clark’s spin-off of Halyard, effective as of October 31,
2014 (collectively, the “Class Period”), alleging violations of the
Securities Exchange Act of 1934 against the Company and certain of
its officers (the “Complaint”).
The Complaint alleges that throughout the Class
Period, defendants made materially false and misleading statements,
and omitted materially adverse facts, about the Company’s business,
operations and prospects. Specifically, the Complaint alleges
that the defendants concealed that: (1) the Company’s MICROCOOL
surgical gowns consistently failed effectiveness tests and failed
to meet industry standards; and (2) Kimberly-Clark and Halyard had
knowingly provided defective MICROCOOL surgical gowns to U.S.
workers during the Ebola crisis. As a result of defendants’ alleged
false and misleading statements, the Company’s stock traded at
artificially inflated prices during the Class Period.
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. Any member of the
proposed class may move the court to serve as lead plaintiff
through counsel of their choice, or may choose to do nothing and
remain an absent class member.
If you purchased shares of Halyard or
Kimberly-Clark during the Class Period, and wish to discuss this
action or have any questions concerning this notice or your rights
or interests, please contact Timothy J. MacFall, Esquire or Peter
Allocco of Rigrodsky & Long, P.A., 2 Righter Parkway, Suite
120, Wilmington, DE 19803 at (888) 969-4242; by e-mail to
info@rl-legal.com; or at:
http://rigrodskylong.com/investigations/halyard-health-inc-hyh-kmb.
Attorney advertising. Prior results do not guarantee a
similar outcome.
CONTACT:
Rigrodsky & Long, P.A.
Timothy J. MacFall, Esquire
Peter Allocco
(888) 969-4242
(516) 683-3516
Fax: (302) 654-7530
info@rl-legal.com
http://www.rigrodskylong.com
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