Newsfile Corp
19 Aug 2026, 21:47 UTC · 2h ago
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Jehoshaphat Research alleged that Gildan Activewear used financial engineering to obscure negative organic growth for several years. — Allegations of systemic organic growth failure and financial manipulation strike at the core of a company's valuation and management integrity.
-0.80The Rosen Law Firm is preparing a securities class action lawsuit against Gildan Activewear for allegedly issuing materially misleading business information. — Class action lawsuits introduce significant legal liability, potential settlement costs, and prolonged negative sentiment.
-0.50Gildan Activewear's share price dropped 18.7% on June 16, 2026, immediately following the release of the short seller report. — This confirms the market's sensitivity to the allegations and demonstrates a high level of immediate investor distrust.
-0.30Which stocks this story touches
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The company is facing a securities class action investigation following a short seller report alleging financial engineering and misleading growth claims.
The company is mentioned in the context of a securities class action lawsuit investigation.
The company is mentioned in the context of a securities class action lawsuit investigation.
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PRNewsWire
21h ago
