The investigation stems from a report by Jehoshaphat Research, which disclosed a short position in the Canadian firm. The research firm claims that Gildan Activewear’s revenue growth is an illusion created by accounting practices, rather than genuine business expansion. Shareholders who suffered losses following the stock's significant decline are now being sought for a prospective class-action lawsuit.
Rosen Law Firm Targets Gildan Activewear Over Misleading Growth Claims
A sharp 18.7% plunge in Gildan Activewear shares on June 16, 2026, has triggered a formal investigation by the Rosen Law Firm. The inquiry focuses on allegations that the apparel manufacturer used financial engineering to mask years of negative organic growth, potentially misleading investors regarding the company's true financial health.
Investors interested in joining the action are directed to the Rosen Law Firm’s portal or encouraged to contact Phillip Kim directly. The firm, led by Laurence Rosen, asserts its experience in high-stakes securities litigation, noting a history of multi-million dollar settlements. While the firm promotes its track record as a differentiator, it reminds potential clients that past performance does not dictate the outcome of future litigation.
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