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Gildan Activewear Securities Class Action: Rosen Law Firm Reminds Investors of December 14 Deadline

· GlobeWire Daily Editorial Desk · Source: www.prnewswire.com

2 min read

Key takeawaysRosen Law Firm, a global investor rights law firm, has issued a reminder to purchasers of Gildan Activewear Inc. (NYSE: GIL) securities regarding an upcoming court deadline in a securities class action. Investors who purchased securities between February 19, 2025, and June 15, 2026, inclusive, have until December 14, 2026, to move the Court to serve as…
Gildan Activewear Securities Class Action: Rosen Law Firm Reminds Investors of December 14 Deadline

Original GlobeWire Daily editorial illustration — not an event photograph.

Rosen Law Firm, a global investor rights law firm, has issued a reminder to purchasers of Gildan Activewear Inc. (NYSE: GIL) securities regarding an upcoming court deadline in a securities class action. Investors who purchased securities between February 19, 2025, and June 15, 2026, inclusive, have until December 14, 2026, to move the Court to serve as lead plaintiff.

Overview of the Lawsuit

The filed lawsuit alleges that the defendants made false or misleading statements or failed to disclose critical information concerning the company's business practices. Specifically, the claims state that:

  • Gildan allegedly lacked adequate internal controls.
  • The company reportedly used channel stuffing to artificially inflate revenue appearances.
  • Consequently, statements regarding Gildan's business, operations, and prospects allegedly lacked a reasonable basis.

The lawsuit claims that investors suffered damages when the true details subsequently entered the market. It is important to note that no class has been certified yet.

Next Steps for Investors

Investors affected by the Class Period have until December 14, 2026, to seek appointment as lead plaintiff. Key considerations for class members include:

  • Serving as a lead plaintiff is not required to share in any potential future recovery.
  • Class members can choose their own counsel or remain absent members without taking immediate action.
  • Interested parties can contact Phillip Kim, Esq. at the Rosen Law Firm for further information.

This notice serves as attorney advertising. Prior results do not guarantee similar outcomes. Investors should verify official court filings or consult independent legal counsel to understand their rights and options regarding the ongoing litigation.

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Read the original source: GIL Investors Have Opportunity to Lead Gildan Activewear Inc. Securities Fraud Lawsuit Filed by The Rosen Law Firm - PR Newswire

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