{"id":839672,"date":"2025-04-21T17:53:36","date_gmt":"2025-04-21T21:53:36","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/holley-shareholder-alert-kaskela-law-llc-announces-investigation-of-holley-inc-and-encourages-long-term-investors-to-contact-the-firm-hlly\/"},"modified":"2025-04-21T17:53:36","modified_gmt":"2025-04-21T21:53:36","slug":"holley-shareholder-alert-kaskela-law-llc-announces-investigation-of-holley-inc-and-encourages-long-term-investors-to-contact-the-firm-hlly","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/holley-shareholder-alert-kaskela-law-llc-announces-investigation-of-holley-inc-and-encourages-long-term-investors-to-contact-the-firm-hlly\/","title":{"rendered":"HOLLEY SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Holley Inc. and Encourages Long-Term Investors to Contact the Firm \u2013 HLLY"},"content":{"rendered":"
\n

PHILADELPHIA, April 21, 2025 (GLOBE NEWSWIRE) — The law firm of Kaskela Law LLC announces that it is investigating Holley Inc. (NYSE: HLLY) on behalf of the company\u2019s long-term shareholders.<\/p>\n

\n
\n Click here to receive additional information about your legal rights and options: <\/em>
\n <\/strong>
\n
\n
\n https:\/\/kaskelalaw.com\/case\/holley\/<\/em>
\n <\/strong>
\n <\/a>\n <\/p>\n

Recently a securities fraud complaint was filed against Holley on behalf of certain investors who purchased shares of the company\u2019s stock between July 21, 2021 and February 6, 2023 (the \u201cClass Period\u201d). According to the complaint, during the Class Period Holley and certain of the company\u2019s senior executive officers made a series of materially false and\/or misleading statements to investors regarding Holley\u2019s business, operations, and growth prospects.<\/p>\n

The complaint further details how, despite prior representations and through a series of partial disclosures made between July 2022 and February 2023 \u2013 including disappointing quarterly financial and operational results, reduced financial guidance, and the resignation of the Company\u2019s CFO and CEO \u2013 investors gradually learned that during the Class Period Holley had: (i) excluded its resellers and distribution partners from promotions that were offered in other channels, which resulted in them \u201cnot promoting [Holley] products\u201d and \u201cin some cases, even promoting [Holley’s] competitors’ products to preserve their margins\u201d; and (ii) failed to enforce minimum advertised pricing on the vast majority of the products Holley sold.\u00a0In response to Defendants\u2019 disclosures, shares of Holley\u2019s common stock declined from a trading price of over $12.50 per share in July 2022 to a trading price of below $3.00 per share by Feb 2023.<\/em><\/strong><\/p>\n

The investigation seeks to determine whether the members of Holley\u2019s board of directors violated the securities laws and\/or breached their fiduciary duties in connection with the above alleged misconduct.<\/p>\n

\n
\n Holley shareholders who purchased or acquired their HLLY shares <\/em>
\n <\/strong>
\n
\n
\n prior to May 12, 2022<\/u>
\n <\/em>
\n <\/strong>
\n
\n are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) at (484) 229 \u2013 0750 for additional information about this investigation and their legal rights and options. <\/em>
\n <\/strong>\n <\/p>\n

\n
\n Alternatively, investors may submit their information to the firm by clicking on the following link (or by copying and pasting the link into your browser):<\/em>
\n <\/strong>\n <\/p>\n

\n
\n
\n https:\/\/kaskelalaw.com\/case\/holley\/<\/em>
\n <\/strong>
\n <\/a>\n <\/p>\n

Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation on a contingent basis, and has helped to recover hundreds of millions of dollars for aggrieved investors. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com<\/a>.<\/p>\n

\n CONTACT:<\/strong>\n <\/p>\n

\n KASKELA LAW LLC<\/strong>
\n
D. Seamus Kaskela, Esq.
(skaskela@kaskelalaw.com<\/a>)
Adrienne Bell, Esq.
(abell@kaskelalaw.com<\/a>)
18 Campus Blvd., Suite 100
Newtown Square, PA 19073
(888) 715 \u2013 1740
(484) 229 \u2013 0750
www.kaskelalaw.com<\/a><\/p>\n

This notice may constitute attorney advertising in certain jurisdictions.<\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

PHILADELPHIA, April 21, 2025 (GLOBE NEWSWIRE) — The law firm of Kaskela Law LLC announces that it is investigating Holley Inc. (NYSE: HLLY) on behalf of the company\u2019s long-term shareholders. Click here to receive additional information about your legal rights and options: https:\/\/kaskelalaw.com\/case\/holley\/ Recently a securities fraud complaint was filed against Holley on behalf of certain investors who purchased shares of the company\u2019s stock between July 21, 2021 and February 6, 2023 (the \u201cClass Period\u201d). According to the complaint, during the Class Period Holley and certain of the company\u2019s senior executive officers made a series of materially false and\/or misleading statements to investors regarding Holley\u2019s business, operations, and growth prospects. The complaint further details how, despite prior representations and through … <\/p>\n

Continue reading “HOLLEY SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Holley Inc. and Encourages Long-Term Investors to Contact the Firm \u2013 HLLY”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-839672","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nHOLLEY SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Holley Inc. and Encourages Long-Term Investors to Contact the Firm \u2013 HLLY - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/holley-shareholder-alert-kaskela-law-llc-announces-investigation-of-holley-inc-and-encourages-long-term-investors-to-contact-the-firm-hlly\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HOLLEY SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Holley Inc. and Encourages Long-Term Investors to Contact the Firm \u2013 HLLY - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PHILADELPHIA, April 21, 2025 (GLOBE NEWSWIRE) — The law firm of Kaskela Law LLC announces that it is investigating Holley Inc. (NYSE: HLLY) on behalf of the company\u2019s long-term shareholders. Click here to receive additional information about your legal rights and options: https:\/\/kaskelalaw.com\/case\/holley\/ Recently a securities fraud complaint was filed against Holley on behalf of certain investors who purchased shares of the company\u2019s stock between July 21, 2021 and February 6, 2023 (the \u201cClass Period\u201d). According to the complaint, during the Class Period Holley and certain of the company\u2019s senior executive officers made a series of materially false and\/or misleading statements to investors regarding Holley\u2019s business, operations, and growth prospects. 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(NYSE: HLLY) on behalf of the company\u2019s long-term shareholders. Click here to receive additional information about your legal rights and options: https:\/\/kaskelalaw.com\/case\/holley\/ Recently a securities fraud complaint was filed against Holley on behalf of certain investors who purchased shares of the company\u2019s stock between July 21, 2021 and February 6, 2023 (the \u201cClass Period\u201d). According to the complaint, during the Class Period Holley and certain of the company\u2019s senior executive officers made a series of materially false and\/or misleading statements to investors regarding Holley\u2019s business, operations, and growth prospects. 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