Security Investigation
Gildan Activewear Inc. (NYSE: GIL)
58 Days left to seek lead plaintiff status.
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Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with substantial losses that they have until December 14, 2026 to file lead plaintiff applications in a securities class action lawsuit against Gildan Activewear Inc. (“Gildan” or the “Company”) (NYSE: GIL).
Gildan and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On June 16, 2026, Jehoshaphat Research published a report alleging that Gildan had been “stuffing” its distributors and customers with excess product beyond underlying end-user demand, including by offering incentives and extended payment terms at quarter-end to pull sales forward. The report further alleged that this practice had obscured several years of declining organic revenue and had pulled forward approximately $500 million of revenue from upcoming quarters in 2026.
On this news, the price of Gildan shares fell $11.63, or 18.7%, from a close of $61.97 on June 15, 2026, to a close of $50.34 on June 16, 2026.
If you purchased securities of Gildan as above and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at (877) 515-1850 or via email (lewis.kahn@ksfcounsel.com), or fill out the form on this page.
The case is Cortez v. Gildan Activewear Inc. et al., No. 1:26-cv-02126.