TMX Newsfile·2026-03-16 02:21Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of Lakeland Industries, Inc. during the specified Class Period of the upcoming lead plaintiff deadline on April 24, 2026, for a class action lawsuit [1]. Group 1: Class Action Details - Investors who purchased Lakeland securities between December 1, 2023, and December 9, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [3][6]. - The deadline to move the Court to serve as lead plaintiff is April 24, 2026, with the lead plaintiff acting on behalf of other class members [3]. Group 2: Case Background - The lawsuit alleges that Lakeland's management made false and misleading statements regarding the performance of its Pacific Helmets and Jolly businesses, including issues like shipping delays and production problems [5]. - It is claimed that the defendants overstated the positive impact of these businesses on Lakeland's financial results and the overall strength of operations [5]. - The lawsuit also points out that Lakeland's financial results were deteriorating due to tariff-related challenges and other operational issues, leading to unreliable financial guidance [5]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in recovering significant amounts for investors [4]. - The firm has been recognized for its performance in securities class action settlements, including being ranked No. 1 by ISS Securities Class Action Services in 2017 and securing over $438 million for investors in 2019 [4].