About This Case
Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Gildan Activewear Inc. (NYSE: GIL) and certain of its officers.
This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Gildan securities between February 19, 2025, and June 15, 2026, both dates inclusive (the “Class Period”).
Such investors are encouraged to join this case by visiting the firm’s website and providing their information.
Allegations
The Complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that:
- Gildan did not have adequate internal controls;
- Gildan used channel stuffing to create an appearance of revenue; and
- As a result, Defendants’ statements about Gildan’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
GIL — Stock Performance
About Bronstein, Gewirtz & Grossman, LLC
We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
“Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace.”