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Helios Technologies Stock - CEO Placed on Leave - Investors of Helios Technologies With Financial Losses Encouraged to Contact Kehoe Law Firm, P.C. - HLIO

HLIO

Philadelphia, Pennsylvania--(Newsfile Corp. - July 8, 2024) - Kehoe Law Firm, P.C. is investigating potential securities claims on behalf of investors of Helios Technologies, Inc. ("Helios Technologies") (NYSE: HLIO).

INVESTORS OF HELIOS TECHNOLOGIES STOCK WITH FINANCIAL LOSSES CAN CLICK HERE OR EMAIL INFO@KEHOELAWFIRM.COM TO CONTACT KEHOE LAW FIRM, P.C. TO DISCUSS THE SECURITIES INVESTIGATION AND POTENTIAL LEGAL CLAIMS.

On July 8, 2024, Helios Technologies reported that "Mr. Josef Matosevic, the Company's President, Chief Executive Officer and Director, [was placed] on a paid leave effective July 1, 2024, immediately as a result of allegations of a potential violation of the Company's Code of Business Conduct and Ethics. Mr. Matosevic's leave is pending completion of an ongoing investigation being conducted by the Board with the assistance of outside legal counsel."

On this news, the price of Helios stock traded down more than 6% after the market closed on July 8, 2024.

SHAREHOLDERS OF HELIOS TECHNOLOGIES WHO HAVE SUFFERED FINANCIAL LOSSES CAN ALSO CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, MYARNOFF@KEHOELAWFIRM.COM, INFO@KEHOELAWFIRM.COM, TO LEARN MORE ABOUT THE SECURITIES INVESTIGATION AND POTENTIAL LEGAL CLAIMS.

Kehoe Law Firm, P.C. is a multidisciplinary, plaintiff-side law firm dedicated to protecting investors from securities fraud, breaches of fiduciary duties, and corporate misconduct. Combined, the partners at Kehoe Law Firm, P.C. have served as Lead Counsel or Co-Lead Counsel in cases that have recovered more than $10 billion on behalf of institutional and individual investors.

This press release may constitute attorney advertising.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/215919

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