Lakeland Industries faces securities class action; lead plaintiff deadline April 24, 2026

Lakeland Industries, Inc. -0.78% Post

Lakeland Industries, Inc.

LAKE

8.93

8.93

-0.78%

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  • Federal securities class action filed against Lakeland over alleged false or misleading disclosures during class period Dec. 1, 2023 to Dec. 9, 2025.
  • Lead plaintiff deadline set for April 24, 2026.
  • Suit centers on alleged operational problems at Pacific Helmets, Jolly Boots, tariff-related headwinds, and unreliable financial guidance.
  • Shares fell 39% on Dec. 10, 2025 to close at $9.16 following Q3 results miss and withdrawal of FY 2026 guidance.
  • Company also disclosed termination of CFO Roger Shannon on Dec. 9, 2025.


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