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POLICY & REGULATION
ENFORCEMENT
LITIGATION
Pool Co. Directors Hit With Derivative Suit In Del.
By Jeff Montgomery
Three stockholders of pool equipment company Hayward Holdings Inc. sued the company's directors and officers in Delaware's Court of Chancery late Tuesday, seeking derivative damages based on claims that — after thriving during the pandemic — the company failed to report ballooning customer inventories as insiders traded on bogus, upbeat news.
Complaint attached |
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