Gross Law Firm flags securities class action against Lakeland Industries with April 24, 2026 lead plaintiff deadline

Reuters
Mar 20
Gross Law Firm flags securities class action against Lakeland Industries with April 24, 2026 lead plaintiff deadline
  • A securities class action lawsuit was filed involving Lakeland shares purchased between Dec. 1, 2023 and Dec. 9, 2025.
  • The complaint alleges the company made materially false or misleading statements about operational issues at its Pacific Helmets and Jolly businesses, including shipping delays and production problems.
  • It also alleges Lakeland overstated the impact of those businesses on results and described tariff mitigation measures and its SSQ M&A strategy in a misleading way.
  • The lawsuit further claims guidance was unreliable because of issues including certification delays and material flow problems in acquired businesses.
  • A deadline to seek lead plaintiff status is April 24, 2026.


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