Halyard Health Inc and Kimberly-Clark Corporation

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Case Summary
Company Name: Halyard Health Inc and Kimberly-Clark Corporation
Stock Symbol : NYSE: HYH, NYSE: KMB
Class Period Start: 10/21/2014
Class Period End: 04/29/2016
Lead Plaintiff motion: 08/29/2016
Date Filed: 06/28/2016
Type of Case: Securities Class Action
Court: U.S. District Court for the Southern District of New York
Summary:

Thieler Law Corp advises investors with losses exceeding $100,000 of the August 29, 2016 lead plaintiff deadline in a class action lawsuit filed against Halyard Health Inc (NYSE: HYH) and Kimberly-Clark Corporation (NYSE: KMB). The suit is pending in the U.S. District Court for the Southern District of New York and investors, who purchased Halyard Health Inc securities from October 21, 2014 through April 29, 2016, both dates inclusive; and/or purchased or otherwise acquired Kimberly-Clark Corporation securities on or after February 25, 2013 and received Halyard securities pursuant to Kimberly-Clark’s October 31, 2014 spin-off of Halyard (collectively, the “Class Period”), have until August 29, 2016 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Halyard Health Inc and Kimberly-Clark Corporation securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that the MICROCOOL surgical gowns consistently failed effectiveness tests and failed to meet industry standards; Kimberly-Clark and Halyard had knowingly provided defective MICROCOOL surgical gowns to U.S. workers during the Ebola crisis; and as a result, defendants’ public statements were materially false and misleading at all relevant times.

On May 1, 2016, 60 Minutes reported that Kimberly-Clark and Halyard had intentionally provided defective surgical gowns to United States workers during the Ebola crisis.

When this information was revealed to the market, the lawsuit alleges that investors suffered damages.

If you were negatively impacted by your investment in Halyard Health Inc and Kimberly-Clark Corporation securities during the Class Period and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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