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Gildan Activewear faces class action over alleged misleading business info after stock plunge.

Market News
05 Aug 2026
GlobeNewsWire
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Bearish
Gildan Activewear faces class action over alleged misleading business info after stock plunge.

Gildan Activewear Inc. is under investigation by the Rosen Law Firm for potentially issuing misleading business information, which led to an 18.7% drop in its stock after a short seller report questioned the company's organic growth and sales practices. Investors who purchased Gildan securities may be eligible for compensation through a class action lawsuit being prepared by the firm. Shareholders are encouraged to join the lawsuit without upfront costs via a contingency fee arrangement. The Rosen Law Firm highlights its experience in securities class actions and invites affected investors to contact them for more information.

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