The stock decline followed a critical report from Jehoshaphat Research, which disclosed a short position in the Canadian company. The research firm accused Gildan of masking a decline in underlying performance by manipulating sales practices and financial reporting. Investors who held securities during this period are now being encouraged by the Rosen Law Firm to join a prospective class action lawsuit.
Investors Scrutinize Gildan Activewear After Short Seller Report
A 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 released misleading business data, potentially obscuring years of negative organic growth through aggressive financial engineering.
Rosen Law, which operates on a contingency fee basis, is currently gathering information from shareholders to seek recovery of losses. The firm emphasizes its history in securities litigation, including high-profile settlements and top-tier rankings from ISS Securities Class Action Services. Shareholders seeking to participate in the potential litigation are directed to contact Phillip Kim or visit the firm’s dedicated case portal for further instructions.
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