The scrutiny follows a turbulent market reaction on June 16, 2026, when shares of the Canadian manufacturer plummeted 18.7%. This slide was triggered by a report from Jehoshaphat Research, which openly questioned the firm's sales practices and suggested that revenue growth figures were propped up by accounting maneuvers rather than genuine performance. Jehoshaphat Research, which holds a short position in the company, argued that the business has faced years of negative organic growth.
In section Releases
Rosen Law Firm Targets Gildan Activewear Over Misleading Disclosure Claims
Investors who bought Gildan Activewear stock face a potential legal battle as the Rosen Law Firm launches an investigation into the company. The inquiry centers on allegations that the apparel manufacturer released misleading business data, potentially obscuring a long-term decline in organic growth through questionable financial engineering.
Rosen Law is now soliciting shareholders to join a prospective class action, promising recovery of losses via a contingency fee arrangement. Investors seeking to participate in the litigation or obtain further information are directed to the firm's online portal or may contact Phillip Kim directly. While the firm emphasizes its historical experience in securities litigation and significant past settlements, it remains a standard legal solicitation for potential plaintiffs affected by the stock's sharp decline.
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