Berger Montague Announces Class Action Lawsuit Against Gildan Activewear Inc.
Law firm Berger Montague has announced a class action lawsuit against apparel manufacturer Gildan Activewear Inc. (NYSE: GIL). The litigation targets investors who purchased or acquired the company's securities during a class period spanning from February 19, 2025, to June 15, 2026. The lawsuit alleges that Gildan made false or misleading statements regarding its business operations and prospects. Specifically, the plaintiffs claim the company failed to disclose inadequate internal controls and engaged in 'channel stuffing'—a practice used to artificially inflate revenue figures by sending more goods to distributors than they can sell.
Tickers: $GIL
Topics: channel stuffing internal controls investor rights securities litigation
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