Rosen Law Firm Investigates Gildan Activewear Over Short-Seller Allegations

GlobeNewswire··USCA·Read original
2▲0 ▼1Impact / 5
Summary · why it matters

The Rosen Law Firm is investigating potential securities claims against Gildan Activewear Inc. over allegations the company issued materially misleading business information. The investigation follows a June 16, 2026 short-seller report from Jehoshaphat Research that questioned Gildan's organic growth and sales practices, claiming years of negative organic growth were obscured by financial engineering. Gildan's NYSE-listed shares fell 18.7% on the day of the report. The law firm is preparing a class action to recover investor losses and encourages affected shareholders to contact them.

Impact on assets 1

Consumer Discretionary▼ · 1 stocks
Gildan Activewear Inc.
GIL
▼ NegativeRegulationrelevance

Investigation and class action over alleged misleading business information following short-seller report.