ROSEN, LEADING INVESTOR COUNSEL, Encourages Lakeland Industries, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - LAKE
LakelandLakeland(US:LAKE) TMX Newsfile·2026-03-17 02:23

Core 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 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 must move the Court to serve as lead plaintiff by April 24, 2026 [3]. Group 2: Case Allegations - The lawsuit alleges that Lakeland's management made false and misleading statements regarding the performance of its Pacific Helmets and Jolly businesses, including issues such as 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 their 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 from the company [5].

ROSEN, LEADING INVESTOR COUNSEL, Encourages Lakeland Industries, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - LAKE - Reportify