Investor Notice: Robbins LLP Informs Investors of the Lakeland Industries, Inc. Class Action Lawsuit

Core Viewpoint - Robbins LLP has announced a class action lawsuit against Lakeland Industries, Inc. for allegedly misleading investors regarding the integration of recent acquisitions and the company's financial performance during the class period from December 1, 2023, to December 9, 2025 [1] Group 1: Allegations Against Lakeland Industries - The lawsuit claims that Lakeland failed to disclose significant issues with its Pacific Helmets and Jolly businesses, including shipping delays, production issues, and a slower rollout of new products [1] - It is alleged that Lakeland overstated the positive impact of these businesses on its financial results and the overall strength of their operations [1] - The company reportedly faced deteriorating business conditions due to tariff-related challenges, certification delays, and material flow issues in its acquired businesses [1] Group 2: Financial Performance and Impact - On December 9, 2025, Lakeland reported a Q3 2026 GAAP EPS of -$1.64, missing consensus estimates by $1.93, and revenue of $47.6 million, which was $9.05 million below expectations [1] - The company attributed its poor performance to timing, certification delays, and material flow issues, as well as tariff-related headwinds [1] - Following the release of these financial results, Lakeland's stock price fell by $5.85 per share, or 38.97%, closing at $9.16 per share on December 10, 2025 [1] Group 3: Legal Proceedings and Next Steps - Shareholders who wish to participate in the class action or serve as lead plaintiffs are encouraged to contact Robbins LLP [1] - The firm emphasizes that representation is on a contingency fee basis, meaning shareholders incur no fees or expenses unless there is a recovery [1]