Bronstein, Gewirtz and Grossman, LLC announces an investigation of Helios Technologies, Inc. and urges shareholders to contact the company!

NEW YORK, NY / ACCESSWIRE / July 14, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Helios Technologies, Inc. (“Helios” or “the Company”) (NASDAQ:HLIO). Investors who purchased Helios securities are encouraged to obtain additional information and assist in the investigation by visiting the Company’s website: bgandg.com/HLIO.

Examination details

On July 8, 2024, Helios announced in a press release that the Board of Directors “has placed Josef Matosevic, the Company’s President, CEO and Director, on paid leave, effective immediately on July 1, 2024, due to allegations of a possible violation of the Company’s Code of Conduct and Ethics.” Helios stated that “Mr. Matosevic’s leave is pending the conclusion of an ongoing investigation being conducted by the Board of Directors with the assistance of outside legal counsel.” Following this news, Helios’ stock price fell $5.07 per share, or 10.94%, closing at $41.26 per share on July 9, 2024.

What’s next?

If you are aware of facts related to this investigation, or if you purchased Helios securities, you may assist this investigation by visiting the firm’s website: bgandg.com/HLIO. You may also contact Peretz Bronstein or his account executive Nathan Miller of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.

There are no costs for you

We represent investors in class action lawsuits on a contingency basis, meaning we ask the court to reimburse us for our expenses and attorney fees (usually a percentage of the total award) only if we win.

Why Bronstein, Gewirtz & Grossman

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized law firm representing investors in securities fraud class action lawsuits and shareholder actions involving derivatives trading. Our firm has recovered hundreds of millions of dollars for investors nationwide.

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Contact

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller
332-239-2660 | (email protected)

SOURCE: Bronstein, Gewirtz & Grossman, LLC