The investigation follows a report from Jehoshaphat Research, which disclosed a short position in the Canadian firm. Analysts at the research house argued that Gildan Activewear’s revenue growth figures were illusory, masking a long-term decline in core business performance. Following the release of these findings, the stock price suffered a significant correction, prompting the New York-based law firm to seek potential class action status for affected investors.

Rosen Law Firm is currently soliciting participants for a prospective lawsuit, operating on a contingency fee basis. Investors who purchased securities during the period in question are encouraged to contact attorney Phillip Kim to review their eligibility for recovery. The firm asserts that its practice, which has previously secured hundreds of millions of dollars in settlements, provides the necessary resources to challenge the company’s leadership regarding these disclosure practices.