A proposed class settlement was disclosed in the securities lawsuit against Hayward Holdings, Inc. (NYSE: HAYW), captioned City of Southfield Fire and Police Retirement Systems v. Hayward Holdings Inc. et al. The complaint alleges that, from October 27, 2021 through July 28, 2022, executives inflated HAYW’s stock by oversupplying distributors with inventory (“channel stuffing”), and share prices fell after disclosure. Hayward agreed to pay $19,850,000 to resolve these claims. The settlement class covers purchasers of HAYW common stock during that period.