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ROSEN, LEADING INVESTOR COUNSEL, Encourages Lakeland Industries, Inc. Investors to Inquire About Securities Class Action Investigation - LAKE
TMX Newsfile· 2026-01-30 22:53
New York, New York--(Newsfile Corp. - January 30, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Lakeland Industries, Inc. (NASDAQ: LAKE) resulting from allegations that Lakeland may have issued materially misleading business information to the investing public.SO WHAT: If you purchased Lakeland securities you may be entitled to compensation without payment of any out of pocket fees or costs through a co ...
Lakeland Fire + Safety Secures Tender from Belgian Federal and Local Police Departments for Safety Footwear
Globenewswire· 2026-01-28 13:31
Core Insights - Lakeland Industries, Inc. has received an order from the Belgian Federal Police and Local Police departments for certified safety footwear, marking the third award in a six-year tender agreement [1][3]. Group 1: Company Overview - Lakeland Fire + Safety is a leading global manufacturer of protective clothing and apparel for various sectors including industry, healthcare, and first responders [1][5]. - The company offers a comprehensive line of fire services and industrial protective clothing, along with decontamination, repair, and rental services [5]. Group 2: Market Presence and Performance - The Belgian Federal Police consists of approximately 12,300 officers and civilian personnel, while there are around 30,000 local police officers across 196 local police areas in Belgium [2]. - The order signifies the strong performance, comfort, and durability of Lakeland's footwear, which has been validated during end-user testing [3]. - The footwear's quality and proven supply reliability have been key strengths in maintaining a long-term partnership with the Belgian police forces [3]. Group 3: Future Opportunities - There is potential for further orders in future contract cycles, indicating a positive outlook for continued collaboration with Belgium's police forces [3]. - The transaction highlights the global reach of Lakeland's products across various geographies and industry verticals, with established relationships and local market knowledge being advantageous [4]. - The company aims to strengthen its leading global fire brand and explore attractive cross-selling opportunities across its markets [4].
LAKE INVESTOR ALERT: Kirby McInerney LLP Investigates Potential Claims Involving Lakeland Industries, Inc.
Businesswire· 2026-01-22 01:00
NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP continues its investigation on behalf of Lakeland Industries, Inc. ("Lakeland†or the "Company†) (NASDAQ:LAKE) investors concerning the Company's and/or members of its senior management's possible violation of the federal securities laws and other unlawful business practices. [LEARN MORE ABOUT THE INVESTIGATION] What Happened? On December 9, 2025, the Company reported third quarter earnings, including "net sales of $47.6 million for. ...
LAKE ANNOUNCEMENT: If You Have Suffered Losses in Lakeland Industries, Inc. (NASDAQ: LAKE), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
Globenewswire· 2026-01-21 22:40
NEW YORK, Jan. 21, 2026 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Lakeland Industries, Inc. (NASDAQ: LAKE) resulting from allegations that Lakeland may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Lakeland securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee ...
LAKELAND INDUSTRIES INVESTIGATION ALERT: Bragar Eagel & Squire, P.C. is Investigating Lakeland Industries, Inc. on Behalf of Lakeland Stockholders and Encourages Investors to Contact the Firm
Globenewswire· 2026-01-21 21:21
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Lakeland Industries, Inc. for possible violations of federal securities laws and unlawful business practices affecting stockholders [1][2]. Investigation Details - The investigation is focused on whether Lakeland has engaged in unlawful business practices that may have led to financial losses for investors [1][2]. Financial Performance - Lakeland reported third-quarter earnings on December 9, 2025, with net sales of $47.6 million for Q3 2026, and an adjusted EBITDA of $200,000, reflecting a decrease of $4.5 million or 95% compared to the prior year [6]. - The company experienced a net loss of $16 million, equating to ($1.64) per basic and diluted share, in contrast to a net income of $100,000 or $0.01 per share in the same quarter of the previous year [6]. - Following the earnings report, Lakeland's stock price dropped by $5.85 per share, or 38.97%, closing at $9.16 per share on December 10, 2025 [6]. Management Commentary - CEO James Jenkins attributed the poor financial results partly to "delays in certification," indicating that the company anticipated certification to occur in March 2026 [6].
Rosen Law Firm Encourages Lakeland Industries, Inc. Investors to Inquire About Securities Class Action Investigation - LAKE
Prnewswire· 2026-01-16 22:49
NEW YORK, Jan. 16, 2026 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Lakeland Industries, Inc. (NASDAQ: LAKE) resulting from allegations that Lakeland may have issued materially misleading business information to the investing public. So What: If you purchased Lakeland securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arr ...
LAKE Investigation: Investors Encouraged to Contact Kirby McInerney LLP
Businesswire· 2026-01-15 01:00
NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP reminds investors its investigation on behalf of Lakeland Industries, Inc. ("Lakeland†or the "Company†) (NASDAQ:LAKE) investors concerning the Company's and/or members of its senior management's possible violation of the federal securities laws or other unlawful business practices. [LEARN MORE ABOUT THE INVESTIGATION] What Happened? On December 9, 2025, the Company reported third quarter earnings, including "net sales of $47.6 million for Q3 2 ...
Lakeland Fire + Safety Achieves NFPA 1970 Certification for Ultimate Glow+ Leather Firefighting Gloves-NFPA 321 Series
Globenewswire· 2026-01-13 13:31
Core Insights - Lakeland Industries has achieved NFPA 1970:2025 certification for its Ultimate Glow+ Leather Firefighting Gloves, marking a significant milestone in firefighter protection and compliance [1][2][3] Group 1: Product Certification - The NFPA 1970:2025 standard introduces stringent requirements for structural firefighter gloves, focusing on heat resistance, dexterity, durability, and performance under extreme conditions [2] - The certification highlights Lakeland's capability to innovate while ensuring high quality and safety standards [2][3] - The Ultimate Glow+ Leather Firefighting Gloves are expected to be available in the market shortly [2] Group 2: Company Positioning - Lakeland is believed to be the first company to announce an NFPA 1970:2025 certified glove ready for full production, reinforcing its leadership in firefighter personal protective equipment (PPE) innovation [4] - The gloves meet the NFPA 1970:2025 restricted substances list, indicating a commitment to safety and compliance [3] Group 3: Company Overview - Lakeland Fire + Safety manufactures a wide range of protective clothing and accessories for various industries, including fire services and first responders [5] - The company operates globally, selling products through in-house sales teams and authorized distributors across more than 50 countries [5]
Lakeland Industries, Inc. (NASDAQ: LAKE) Insider Purchase and Legal Scrutiny
Financial Modeling Prep· 2026-01-05 23:00
Group 1 - Lakeland Industries, Inc. specializes in manufacturing and selling protective clothing for industrial and public safety applications [1] - Jenkins James M., the director, President, CEO, and Executive Chair of LAKE, purchased 1,126.502 shares at $8.88 per share, increasing his total ownership to 94,564.502 shares [1][6] - The company is under investigation by Rosen Law Firm and Pomerantz LLP for potential securities claims related to allegations of misleading investors [2][6] Group 2 - Following the announcement of withdrawing formal guidance and adopting a new operating model, Lakeland's stock price dropped by $5.85 per share, or nearly 39%, closing at $9.16 [3][6] - Lakeland's negative price-to-earnings (P/E) ratio is -2.43, and the negative earnings yield is -41.21%, indicating ongoing financial challenges [3][6] - The company's price-to-sales ratio is 0.47, suggesting its stock is valued at less than half of its sales per share, while the enterprise value to sales ratio is 0.65 [4] - Lakeland maintains a strong current ratio of 3.83, indicating a good ability to cover short-term liabilities with short-term assets [4] - The debt-to-equity ratio is 0.39, showing a moderate level of debt compared to equity, but the enterprise value to operating cash flow ratio is -7.84, highlighting difficulties in generating positive cash flow [5]
Rosen Law Firm Encourages Lakeland Industries, Inc. Investors to Inquire About Securities Class Action Investigation – LAKE
Businesswire· 2026-01-02 21:30
Group 1 - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Lakeland Industries, Inc. due to allegations of materially misleading business information [1] - Shareholders who purchased Lakeland securities may be entitled to compensation without any out-of-pocket fees or costs through a contingency fee arrangement [1]