A securities class action lawsuit has been filed in the U.S. District Court for the Southern District of New York against Lakeland Industries Inc. on behalf of investors who bought the company’s securities between Dec. 1, 2023 and Dec. 9, 2025. The complaint alleges the company failed to disclose operational problems in its Pacific Helmets and Jolly businesses and other headwinds that allegedly made its financial guidance and public statements misleading. Investors have until April 24, 2026 to seek appointment as lead plaintiff.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lakeland Industries Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202602241033PRIMZONEFULLFEED9660244) on February 24, 2026, and is solely responsible for the information contained therein.