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Gildan Activewear Inc. Securities Fraud Class Action Result of Alleged Channel Stuffing and 18.7% Stock Decline - Investors may Contact Lewis Kahn, Esq., at Kahn Swick & Foti, LLC
GlobeNewswire Inc.·
Gildan Activewear faces a securities class action lawsuit for allegedly failing to disclose material information regarding channel stuffing practices. A June 2026 report alleged the company artificially inflated sales by pushing excess inventory to distributors with incentives and extended payment terms, pulling forward approximately $500 million in revenue. The stock declined 18.7% following the disclosure. Investors have until December 14, 2026 to file lead plaintiff applications.
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