NEW YORK – September 12, 2026 -- Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Gildan Activewear Inc. (NYSE: GIL) following allegations that the apparel maker issued materially misleading information to investors.
Short seller report triggers 18.7% share drop on June 16, 2026
The inquiry centers on a June 16, 2026 Investing.com article reporting that Gildan Activewear shares fell after Jehoshaphat Research released a short report disclosing a short position in the Canadian manufacturer. The research firm alleged that Gildan's organic growth has been negative for years despite reported revenue growth, claiming the underlying decline was obscured through financial engineering. On that news, Gildan Activewear's NYSE-listed shares dropped 18.7% in a single session.
Rosen Law Firm builds toward class action seeking investor recovery
Rosen Law Firm, which represents investors in securities class actions and shareholder derivative litigation globally, is preparing a class action to recover losses tied to the alleged misrepresentations. Investors who purchased Gildan Activewear securities before the disclosure may be eligible to join the prospective litigation, which would proceed on a contingency basis with no out-of-pocket fees for participants.