Lakeland(US:LAKE) Globenewswire·2026-03-13 20:38Core Viewpoint - Rosen Law Firm is reminding investors who purchased Lakeland Industries, Inc. securities during the Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1] Group 1: Class Action Details - The Class Period for the Lakeland securities is from December 1, 2023, to December 9, 2025 [1] - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties must move the Court by April 24, 2026, to serve as lead plaintiff [2] Group 2: Law Firm Credentials - Rosen Law Firm specializes in securities class actions and has a strong track record, including the largest securities class action settlement against a Chinese company [3] - The firm has been ranked No. 1 for securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions for investors [3] - In 2019, the firm secured over $438 million for investors, and its founding partner was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020 [3] Group 3: Case Allegations - The lawsuit alleges that Lakeland made false and misleading statements regarding its Pacific Helmets and Jolly businesses, including issues with shipping, production, and product rollout [4] - It is claimed that Lakeland's financial results were deteriorating due to tariff-related headwinds, certification delays, and material flow issues [4] - The lawsuit asserts that the defendants overstated the effectiveness of their tariff mitigation measures and M&A strategy, leading to unreliable financial guidance [4]