Deadline Alert: Gildan Activewear Inc. Shareholders Have Until December 14, 2026 to Seek Lead Plaintiff Appointment in Securities Fraud Lawsuit, The Law Offices of Frank R. Cruz Notes

Lawsuit covers investors who acquired Gildan Activewear Inc. securities from February 19, 2025 to June 15, 2026; complaint alleges the company made misleading statements to investors

LOS ANGELES--(BUSINESS WIRE)--The deadline for Gildan Activewear Inc. ("Gildan Activewear" or the "Company") (NYSE: GIL) investors to seek appointment as lead plaintiff in a securities class action lawsuit is December 14, 2026. The lawsuit was filed on behalf of investors who purchased or otherwise acquired Gildan Activewear Inc. securities from February 19, 2025 to June 15, 2026, inclusive. The Law Offices of Frank R. Cruz today reminded investors of the deadline in the case, Cortez v. Gildan Activewear Inc. et al., filed on October 15, 2026 in the U.S. District Court Northern District of New York (Case No. 1:26-cv-02126).

If you lost money on Gildan Activewear Inc. securities, submit your Gildan Activewear Inc. loss information before the December 14, 2026 deadline to learn about your potential claims under the federal securities laws.

Gildan Activewear Inc. deadline and case dates

• Lead plaintiff motion deadline: December 14, 2026
• Class period: February 19, 2025 to June 15, 2026, inclusive
• Filed: October 15, 2026
• Court: U.S. District Court Northern District of New York

What happened?

On June 16, 2026, Jehoshaphat Research published a report alleging, among other things, that Gildan has been stuffing the channel to make revenues look like they're growing, which has been cannibalizing future demand and inflating the overall growth trajectory of the business, obscured by financial engineering, and that the Company transfers almost half its receivables off-balance sheet. The report alleged distributors were holding approximately $510 million in excess inventory.

On this news, Gildan's stock price fell $11.62, or 18.8%, to close at $50.35 per share on June 16, 2026, thereby injuring investors.

What is the Gildan Activewear Inc. lawsuit about?

The Gildan Activewear Inc. class action alleges that, throughout the class period, defendants made materially false and/or misleading statements and failed to disclose material adverse facts about Gildan Activewear Inc.'s business, operations, and prospects. Specifically, the complaint alleges defendants failed to disclose to investors 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' positive statements about Gildan Activewear Inc.'s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

Investors who purchased or otherwise acquired Gildan Activewear Inc. securities during the class period may ask the Court, no later than December 14, 2026, to appoint them lead plaintiff in this putative class action lawsuit.

"According to the complaint filed against Gildan Activewear Inc., the Company, among other things, did not disclose that Gildan did not have adequate internal controls. With the December 14, 2026 deadline drawing near, investors who want a voice in how this case is led should reach out now," said Frank R. Cruz of The Law Offices of Frank R. Cruz.

What should Gildan Activewear Inc. investors do now?

The Law Offices of Frank R. Cruz can help Gildan Activewear Inc. investors evaluate potential claims to recover their losses. Investors who want to serve as lead plaintiff must file a motion with the Court by December 14, 2026. For more information, visit the Gildan Activewear Inc. case page, email [e-mail], or call 310-914-5007.

If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.

Gildan Activewear Inc. investors need not take any action at this time to be class members. Investors may retain counsel of their choice or take no action and remain absent class members. No class has been certified yet in the Gildan Activewear Inc. case.

Questions and answers about the Gildan Activewear Inc. deadline

Who is eligible? Investors who bought Gildan Activewear Inc. securities between February 19, 2025 and June 15, 2026 and lost money may be class members in the Gildan Activewear Inc. securities lawsuit.

When are lead plaintiff motions due in the Gildan Activewear Inc. case? Lead plaintiff motions in the Gildan Activewear Inc. class action are due in the U.S. District Court Northern District of New York by December 14, 2026.

What happens after the Gildan Activewear Inc. deadline passes? After December 14, 2026, investors generally can no longer seek lead plaintiff appointment, but Gildan Activewear Inc. investors may still remain class members.

How are attorneys' fees handled? The Law Offices of Frank R. Cruz works on contingency, so investors pay no attorneys' fees unless there is a recovery, and any fees require court approval.

About The Law Offices of Frank R. Cruz

The Law Offices of Frank R. Cruz investigates and prosecutes securities fraud and corporate malfeasance class actions. With nearly 20 years of litigation experience, the firm focuses on complex securities class actions and gives each client personal, one-on-one attention throughout the legal process.

Prior results do not guarantee a similar outcome.

Related links

• Gildan Activewear Inc. case page, The Law Offices of Frank R. Cruz
• Complaint: Cortez v. Gildan Activewear Inc. et al., U.S. District Court Northern District of New York
• Jehoshaphat Research report
• Gildan Activewear Inc. SEC filings index, EDGAR
• The Law Offices of Frank R. Cruz

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