Gildan Activewear faces investor class action probe over sales claims

The investigation follows a report from Jehoshaphat Research, which disclosed a short position in the Canadian company. The report challenged Gildan’s financial health, arguing that the firm’s claims of organic growth were obscured by financial engineering. According to the research findings, the apparel manufacturer’s actual growth has been negative for years, contradicting the public business information provided to shareholders.

Rosen Law Firm is currently seeking investors who purchased securities before the market reaction to the short-seller report. The firm operates on a contingency fee basis, meaning shareholders involved in the prospective class action would not face out-of-pocket legal costs. Investors interested in the litigation or seeking further information are directed to contact attorney Phillip Kim.