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Lawsuit targets Gildan Activewear over alleged misleading growth claims causing 18.7% stock drop

Market News
19 Aug 2026
Newsfile Corp
View Source
Bearish
pluang ai news

Rosen Law Firm is investigating a class action lawsuit against Gildan Activewear Inc. following allegations that the company issued misleading information about its business growth. A short seller report from Jehoshaphat Research claimed Gildan's organic growth was negative despite reported revenue increases, leading to an 18.7% drop in its stock price on June 16, 2026. Investors who purchased Gildan securities may be eligible for compensation through this lawsuit. The Rosen Law Firm, experienced in securities class actions, is preparing to represent affected shareholders.

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