Kalloghlian Myers LLP: Potential Investor Class Action Against Gildan Activewear Inc.

Legal firm Kalloghlian Myers LLP is probing a possible class action lawsuit against Gildan Activewear Inc., alleging the company has been inflating its revenues by over-filling sales channels for years. The investigation was sparked by a June report from Jehoshaphat Research, which claimed Gildan's growth may be unsustainable. This move is significant as it could lead to financial repercussions for Gildan, affecting its stock price and investor confidence. The case highlights the broader issue of corporate transparency and the potential legal fallout from undisclosed financial practices.