Securities fraud investigation into Gildan Activewear continues after short-seller report

Regulation
โดย GlobeNewswire·Read original
Summary · why it matters

The Law Offices of Frank R. Cruz is continuing its investigation into Gildan Activewear for possible violations of federal securities laws. The investigation follows a June 16, 2026 report by Jehoshaphat Research alleging that Gildan engaged in channel stuffing to inflate revenue growth and transferred nearly half its receivables off-balance sheet. On that day, Gildan's stock price fell $11.62, or 18.8%, to close at $50.35 per share. Shareholders who lost money are encouraged to contact the firm to discuss potential claims.

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Consumer Discretionary · 1 stocks
Gildan Activewear Inc.
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Securities fraud investigation and channel stuffing allegations from short-seller report