Pomerantz files securities class action against Lakeland Industries`

Reuters22:03

Pomerantz files securities class action against Lakeland Industries`

Pomerantz filed a securities class action against Lakeland and certain officers in the U.S. District Court for the Southern District of New York (26-cv-01501). The suit covers investors who bought or acquired Lakeland securities between Dec. 1, 2023 and Dec. 9, 2025, and asserts claims under Sections 10(b) and 20(a) of the Exchange Act and Rule 10b-5. The complaint alleges Lakeland made misleading statements about problems at its Pacific Helmets and Jolly businesses, and about the reliability of its financial guidance. The filing cites stock declines of 14% on April 10, 2025 and 22% on June 10, 2025 following earnings releases. A copy of the complaint is available at https://www.pomerantzlaw.com.

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 on March 12, 2026, and is solely responsible for the information contained therein.

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