Did You Lose Money Investing in Gildan Activewear (GIL)?
A securities class action has been filed on behalf of those who purchased or otherwise acquired Gildan Activewear Inc. (“Gildan Activewear,” “Gildan” or the “Company”) (NYSE: GIL) securities between February 19, 2025 and June 15, 2026, both dates inclusive (the “Class Period”).
The action, Cortez v. Gildan Activewear, et al., Case No. 1:26-cv-02126 (AJB/DJS), was filed on October 15, 2026 in the U.S. District Court for the Northern District of New York, and asserts claims against the Company and certain of its executives under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder.
What Does the Gildan Securities Class Action Allege?
According to the complaint, during the Class Period, the Gildan Activewear Defendants made false and/or misleading statements and/or failed to disclose that 1) Gildan did not have adequate internal controls; 2) Gildan used channel stuffing to create an appearance of revenue; and 3) as a result, Defendants’ statements about Gildan’s business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all times.
December 14, 2026 Lead Plaintiff Deadline
Gildan investors have until December 14, 2026 to move the Court to seek appointment as lead plaintiff. Investors do not need to seek appointment as lead plaintiff to remain a member of the proposed class.
Gildan Activewear Investors: Contact Kehoe Law Firm
If you purchased Gildan securities during the Class Period and suffered financial losses, you are encouraged to complete Kehoe Law Firm’s confidential Stockholder Information Request Form or send us a message to learn more about the class action and your legal rights.
For a free, no-obligation legal evaluation, contact:
Michael Yarnoff, Esq.
(215) 792-6676, Ext. 804
[email protected]
[email protected]
About Kehoe Law Firm, P.C.
Kehoe Law Firm, P.C. is a nationally recognized, plaintiff-side class action law firm representing investors, consumers, and employees in matters involving securities fraud, corporate misconduct, mergers and acquisitions, antitrust violations, whistleblower claims, data breaches, consumer fraud, employment law violations, as well as ERISA and retirement plan litigation. Its attorneys have served as lead or co-lead counsel in major securities cases, recovering more than $10 billion for institutional and individual investors.
Kehoe Law Firm’s class action legal services are provided on a contingency-fee basis, meaning plaintiffs are not responsible for attorneys’ fees or litigation expenses. Any request for attorneys’ fees and expenses will be subject to court approval.
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