LAKE Stockholders Have Rights - Lakeland Industries, Inc. Investors Should Contact Robbins LLP for Information About Leading the Class Action

Core Viewpoint - A class action lawsuit has been filed 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] Summary by Relevant Sections Class Action Details - The class action is on behalf of all investors who purchased Lakeland Industries securities during the specified period [1] - The lawsuit is being led by Robbins LLP, which is investigating allegations of misleading statements made by Lakeland [1] Allegations Against Lakeland Industries - The complaint alleges 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 claimed that Lakeland overstated the positive impact of these businesses on its financial results and the overall strength of their operations [1] - The company is accused of not adequately addressing tariff-related challenges, certification delays, and material flow issues in its acquired businesses [1] - The financial guidance provided by Lakeland was deemed unreliable due to these issues, leading to materially false and misleading public statements [1] Financial Performance and Stock 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, missing estimates by $9.05 million [1] - The company attributed its poor performance to timing, certification delays, and material flow issues, as well as tariff-related headwinds [1] - Following the disclosures, Lakeland's stock price fell by $5.85 per share, or 38.97%, closing at $9.16 per share on December 10, 2025 [1] Shareholder Actions - Shareholders may be eligible to participate in the class action and can submit their papers to serve as lead plaintiff by April 24, 2026 [1] - Shareholders do not need to participate in the case to be eligible for recovery and can remain absent class members if they choose [1]