Pomerantz Law Firm Investigates Gildan Activewear for Potential Securities Fraud
Pomerantz LLP is investigating potential securities fraud claims against Gildan Activewear Inc. and its officers and directors, following a critical short-seller report.
NEW YORK, July 9, 2026 – Pomerantz LLP has launched an investigation into Gildan Activewear Inc. (NYSE: GIL) and its leadership concerning alleged securities fraud and unlawful business practices. The probe was initiated on behalf of investors who may have been harmed by the company's actions.
The investigation stems from a report published on June 16, 2026, by short-seller Jehoshaphat Research. This report raised concerns about Gildan's organic growth and sales practices, alleging that the company has experienced negative organic growth for years and used financial engineering to mask the decline.
Following the release of the short-seller report, Gildan's stock price experienced a significant drop. The stock fell $11.63 per share, or 18.7%, to close at $50.34 per share on June 16, 2026. Investors who have suffered losses are advised to contact Pomerantz LLP.
Pomerantz LLP is a law firm specializing in complex litigation, including securities class actions. The firm, with offices across major cities globally, has a history of recovering significant damages for its clients in cases of corporate misconduct.