NEW YORK, Aug. 26, 2016 /PRNewswire/ -- 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.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
30 Broad Street - 24th Floor
New York, NY
10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP