HLLY INVESTIGATION ALERT: Robbins Geller Rudman & Dowd LLP Announces Investigation into Holley Inc. and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact the Firm

SAN DIEGO--(BUSINESS WIRE)--Robbins Geller Rudman & Dowd LLP announces an investigation into potential violations of U.S. federal securities laws involving Holley Inc. f/k/a Empower Ltd. (NYSE: HLLY) focused on whether Holley and certain of its top executives made false and/or misleading statements and/or failed to disclose material information to investors.

If you have information that could assist in this investigation or if you are a Holley investor who suffered a loss and would like to learn more, you can provide your information here:

https://www.rgrdlaw.com/cases-holley-inc-investigation-hlly.html

You can also contact attorney J.C. Sanchez of Robbins Geller by calling 800/449-4900 or via e-mail at [e-mail].

THE COMPANY: Empower Ltd. previously operated as a blank check company, also referred to as a special purpose acquisition company (“SPAC”). On July 16, 2021, Empower completed a business combination with Holley Intermediate Holdings, Inc., and the combined company became Holley Inc. Holley designs, manufactures, and distributes performance automotive products to customers primarily in the United States, Canada, and Europe. Holley’s common stock and warrants trade on the New York Stock Exchange (“NYSE”) under the ticker symbols “HLLY” and “HLLY WS,” respectively.

THE INVESTIGATION: Robbins Geller is investigating whether Holley and certain top executives made materially false and/or misleading statements and/or omitted material information regarding Holley’s business, operations, and prospects.

ABOUT ROBBINS GELLER RUDMAN & DOWD LLP: Robbins Geller is one of the world’s leading complex class action firms representing plaintiffs in securities fraud cases. The Firm is ranked #1 on the most recent ISS Securities Class Action Services Top 50 Report for recovering more than $1.75 billion for investors in 2022 – the third year in a row Robbins Geller tops the list. And in those three years alone, Robbins Geller recovered nearly $5.3 billion for investors, more than double the amount recovered by any other plaintiffs’ firm. With 200 lawyers in 9 offices, Robbins Geller is one of the largest plaintiffs’ firms in the world, and the Firm’s attorneys have obtained many of the largest securities class action recoveries in history, including the largest securities class action recovery ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information:

https://www.rgrdlaw.com/services-litigation-securities-fraud.html

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