SHAREHOLDER NOTICE: Khang & Khang LLP Announces Securities Class Action Lawsuit against Halyard Health, Inc. & Kimberly-Clark Corporation and Reminds Investors with Losses to Contact the Firm

IRVINE , CA / ACCESSWIRE / July 26, 2016 / Khang & Khang LLP (the “Firm”) announces that a class action lawsuit was filed against Halyard Health, Inc. (“Halyard” or the “Company”) (NYSE: HYH) on behalf of investors who purchased or otherwise acquired shares (1) on or after February 25, 2013 and subsequently received Halyard securities pursuant to the spin-off of Kimberly-Clark Corporation (NYSE: KMB) of Halyard, effective as of October 31, 2014; and/or (2) purchased or otherwise acquired Halyard securities between October 21, 2014 and April 29, 2016, both dates inclusive (the “Class Period”), seeking to recover damages caused by Defendants’ violations of the federal securities laws. If you purchased shares in one of those two periods, you are encouraged to contact the Firm prior to the August
29, 2016 lead plaintiff motion deadline.

If you purchased shares of Halyard during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com.

There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.

The complaint alleges that the Company issued misleading statements and/or failed to disclose that: the Company’s MICROCOOL surgical gowns consistently failed effectiveness tests and failed to meet industry standards; and Kimberly-Clark and Halyard had knowingly provided defective MICROCOOL surgical gowns to U.S. workers during the Ebola crisis. When this news was announced, shares of the Halyard stock decreased in value.

If you wish to learn more about this lawsuit, or if you have any questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com.

This press release may constitute Attorney Advertising in some jurisdictions.

Contacts

Joon M. Khang, Esq.
Telephone: 949-419-3834
Facsimile: 949-225-4474
joon@khanglaw.com

SOURCE: Khang & Khang LLP

ReleaseID: 442856