An investigation for investors in Halyard Health Inc (NYSE:HYH) shares over potential securities laws violations by Halyard Health Inc was announced and NYSE:HYH stockholders should contact the Shareholders Foundation
San Diego, CA -- (SBWIRE) -- 05/10/2016 -- An investigation on behalf of investors of Halyard Health Inc (NYSE:HYH) shares over potential securities laws violations in connection certain financial statements was announced.
Investors who purchased shares of Halyard Health Inc (NYSE:HYH), have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call 858-779-1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Halyard Health Inc (NYSE:HYH) concerning whether certain statements regarding Halyard Health's business, its prospects and its operations were materially false and misleading at the time they were made.
Alpharetta, GA based Halyard Health, Inc. seeks to advance health and healthcare by preventing infection, eliminating pain and speeding recovery. Its products include QUICK CHECK, SMART-FOLD, POWERGUARD, MICROCOOL and FLUIDSHIELD. On February 29, 2016, Halyard Health Inc announced its year end 2015 results and 2016 outlook. Halyard Health Inc reported that its annual Total Revenue declined from over $1.67 billion in 2013 to over $1.57 billion in 2015 and that its Net Income of $154.60 million in 2013 decreased to a Net loss of $426.30 million in 2015. Shares of Halyard Health Inc (NYSE:HYH) declined on March 1, 2016, to as low as $25.48 per share.
On May 1, 2016, CBS 60 Minutes reported that Halyard Health Inc allegedly deliberately sold defective protective equipment to health-care workers following the recent Ebola outbreak. On May 2, 2016, Halyard Health Inc rejected the allegations regarding the safety of its MICROCOOL Gowns. Shares of Halyard Health Inc (NYSE:HYH) declined on May 2, 2016, to $26.05 per share.
On May 6, 2016, NYSE:HYH shares closed at $29.31 per share.
Those who purchased shares of Halyard Health Inc have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
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