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Class action lawsuit filed against Gildan Activewear for alleged false financial statements.

Market News
16 Oct 2026
GlobeNewsWire
View Source
Bearish
Class action lawsuit filed against Gildan Activewear for alleged false financial statements.

The Rosen Law Firm has filed a class action lawsuit on behalf of investors who purchased Gildan Activewear Inc. securities between February 19, 2025, and June 15, 2026. The lawsuit alleges that Gildan made false or misleading statements about its business, including inadequate internal controls and channel stuffing to inflate revenue. Investors who bought Gildan securities during this period may be entitled to compensation. Interested parties must act by December 14, 2026, to serve as lead plaintiff or join the class action. No class has been certified yet, and investors can choose their own counsel or remain absent class members.

Gildan Activewear Inc. is the subject of a recent securities class action lawsuit. For readers following Consumer Cyclical stocks, here is Pluang's market snapshot as of Oct 17, 2026 04:41 WIB: Among 134 priced US stocks in this sector, 63 rose and 71 fell. Notable movers include TDUP (ThredUp Inc) at USD 2.20 with a 1-day change of -6.38% and 100% sell order activity, CROX (Crocs, Inc.) at USD 125.01 up 6.36% with 99% sell orders, and EXPE (Expedia Group Inc) at USD 291.50 up 6.12% with 80% sell orders and 20% buy orders.

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