Why is Lakeland Industries facing a securities class action lawsuit?

Investors allege Lakeland made misleading statements about its business performance, acquisition integration, and financial outlook, which allegedly inflated the stock price before operational problems became clear.

What problems are alleged with Lakeland’s Pacific Helmets and Jolly businesses?

The lawsuit claims these acquired units faced shipping delays, production issues, certification setbacks, and slower-than-expected product rollouts that hurt performance.

Did Lakeland overstate the benefits of its acquisitions?

Investors allege Lakeland exaggerated the positive financial impact and operational strength of Pacific Helmets and Jolly despite ongoing integration and supply chain issues.

Why are Lakeland’s financial guidance statements being challenged?

Investors claim Lakeland’s guidance was unreliable because it did not fully account for operational setbacks, tariff impacts, and delays in acquired businesses.

How did shipping and production issues impact Lakeland?

Shipping delays and production problems allegedly disrupted operations and reduced expected revenue contributions from key product lines.

Who may qualify to join the Lakeland Industries class action?

Investors who purchased Lakeland securities during the alleged class period and suffered losses after corrective disclosures may be eligible to participate.

What does it mean that Lakeland’s statements were materially misleading?

Materially misleading statements are those that could influence investment decisions by omitting or misrepresenting important facts about business performance.

What is the deadline to seek lead plaintiff status in the Lakeland lawsuit?

Investors seeking to serve as lead plaintiff in the federal securities class action against Lakeland must file a motion by April 27, 2026 to represent the shareholder class.

What is a securities class action lawsuit?

A securities class action is a lawsuit filed on behalf of investors who claim they were harmed by false or misleading statements, omissions, or other violations of federal securities laws.

What is a class period in a securities lawsuit?

The class period is the timeframe during which the alleged misleading statements were made and when investors may have purchased affected securities.

What does it mean to be a lead plaintiff?

The lead plaintiff is the investor appointed by the court to represent the interests of all class members and work with attorneys on the case.

How long does a securities class action take?

These cases can take several years to resolve, depending on motions, discovery, settlement negotiations, or trial.

Lakeland Industries, Inc. - Faruqi & Faruqi LLP

Lakeland Industries, Inc.

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Case Details

Ticker LAKE

Class Period 12/01/2023 - 12/09/2025

Lead Plaintiff Deadline 04/24/2026

Days Left to Seek Plaintiff

If you are an Lakeland Industries investor who suffered a loss and would like to learn more, you can provide your information below:

Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Lakeland Industries, Inc. (“Lakeland” or the “Company”) (NASDAQ: LAKE) and reminds investors of the April 27, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: Throughout the Class Period, Defendants made materially false and misleading statements regarding Lakeland’s business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Lakeland was experiencing significant, sustained issues with its Pacific Helmets and Jolly businesses, including, inter alia, shipping-related delays, production issues, and slower than expected rollout of new products; (2) accordingly, Defendants overstated the anticipated and actual positive impact of these businesses on Lakeland’s financial results, as well as the overall strength and quality of Pacific Helmets’ and Jolly’s respective operations; (3) Lakeland’s business and financial results were significantly deteriorating because of, inter alia, tariff-related headwinds and timing, certification delays, and material flow issues in its acquired businesses; (4) accordingly, Defendants overstated the strength of their tariff mitigation measures and SSQ M&A strategy; (5) as a result of all the foregoing issues, Defendants’ financial guidance was unreliable; and (6) as a result, Defendants’ public statements were materially false and misleading at all relevant times.

Lead Plaintiff Deadline: April 24, 2026

Call Partner Josh Wilson at 877-247-4292 or 212-983-9330 (Ext. 1310)
Or submit your information below to learn about your rights.

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