TMX Newsfile·2026-03-18 02:23Core 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 [1]. Group 1: Class Action Details - Investors who bought Lakeland securities between December 1, 2023, and December 9, 2025, may be eligible for 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]. - To serve as lead plaintiff, individuals must file a motion with the Court 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 with shipping, production, and product rollout [5]. - It is claimed that the defendants overstated the financial impact of these businesses and the overall strength of their operations, leading to unreliable financial guidance [5]. - The lawsuit also points out that the company's financial results were deteriorating due to tariff-related challenges and operational issues, which were not disclosed to investors [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 [4]. - The firm has achieved significant settlements in the past, including the largest securities class action settlement against a Chinese company and has consistently ranked highly in securities class action settlements [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in handling such cases [4].