Rosen Law Firm Probes Gildan Activewear Over Misleading Growth Claims
Shares of Gildan Activewear plummeted 18.7% on June 16, 2026, after a report from Jehoshaphat Research alleged the apparel manufacturer masked years of negative organic growth through financial engineering. Following the market reaction, the Rosen Law Firm has launched an investigation into potential securities claims on behalf of aggrieved investors.
The investigation centers on allegations that the company provided the public with materially misleading business information. Jehoshaphat Research, which disclosed a short position in the Canadian firm, claims that Gildan Activewear’s reported revenue growth hid an underlying structural decline. Shareholders who purchased securities during the relevant period may be eligible for compensation through a contingency fee arrangement, which requires no out-of-pocket costs for participants.
Investors seeking to join the prospective class action can contact Phillip Kim at the Rosen Law Firm for further legal guidance. While the firm highlights its history of securities litigation and previous multi-million dollar settlements, it notes that prior results do not guarantee similar outcomes in this specific case. Prospective plaintiffs are urged to evaluate legal representation carefully as the firm prepares to seek recovery for losses linked to the alleged disclosure failures.
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