Class Action Lawsuit Announced for Lakeland Industries
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Should l Buy LAKE?
Source: Globenewswire
- Class Action Initiation: Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of Lakeland Industries, Inc. (NASDAQ: LAKE) securities from December 1, 2023, to December 9, 2025, indicating significant legal risks that may impact the company's stock performance.
- Compensation Mechanism: Investors participating in the lawsuit may be entitled to compensation without any upfront costs, a no-risk participation model that could attract more affected investors, thereby increasing the lawsuit's potential impact.
- Overview of Allegations: The lawsuit alleges that Lakeland made false or misleading statements during the class period, failing to disclose significant issues with its Pacific Helmets and Jolly businesses, including production delays and slow product rollouts, which may have led to investor losses.
- Law Firm Background: Rosen Law Firm is renowned for its successful track record in securities class actions, having recovered over $438 million for investors in 2019 alone, demonstrating its expertise and resource advantages in handling such cases.
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Analyst Views on LAKE
Wall Street analysts forecast LAKE stock price to rise
4 Analyst Rating
3 Buy
1 Hold
0 Sell
Strong Buy
Current: 9.550
Low
14.00
Averages
18.50
High
27.00
Current: 9.550
Low
14.00
Averages
18.50
High
27.00
About LAKE
Lakeland Industries, Inc. manufactures and sells a comprehensive line of fire services and industrial protective clothing and accessories for the industrial and first responder markets. Its product portfolio includes firefighter protective apparel and accessories, high-end chemical protective suits, limited use/disposable protective clothing, durable woven garments, high performance FR/AR apparel, and high visibility clothing. Its products are sold globally by its in-house sales teams, its customer service group, and authorized independent sales representatives to a strategic global network of selective fire and industrial distributors and wholesale partners. Its authorized distributors supply end users, such as integrated oil, chemical/petrochemical, automobile, transportation, steel, glass, construction, smelting, cleanroom, janitorial, pharmaceutical, and high technology electronics manufacturers, as well as scientific, medical laboratories and the utilities industry.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
California PPE Opens State-of-the-Art Firefighting Equipment Facility
- Facility Opening: Lakeland Industries has opened a new 9,800 sq. ft. facility in Fresno, California, providing compliant decontamination, inspection, and repair services for firefighting equipment under NFPA 1850 standards, aimed at enhancing safety and efficiency for California fire departments.
- Advanced Equipment: The new facility is equipped with Circul-Air Genius extractors and Juki commercial sewing machines, ensuring efficient cleaning and repairs of personal protective equipment, thereby reducing health risks and extending the lifespan of gear.
- Training Course Launch: California PPE will host its first NFPA 1850 training class on March 3-4, 2026, aimed at educating fire departments on new standards and labor code laws, enhancing their management capabilities for firefighting equipment.
- Market Expansion Strategy: Lakeland CEO Jim Jenkins stated that the new facility will enhance the company's service coverage in California, further solidifying its leadership position in the largest firefighting market in the U.S., while improving customer satisfaction and service quality.
See More
Lakeland Industries Faces Class Action Lawsuit Over Misleading Statements
- Lawsuit Background: Rosen Law Firm has initiated a class action lawsuit on behalf of investors who purchased Lakeland Industries (NASDAQ: LAKE) securities between December 1, 2023, and December 9, 2025, alleging that the company misled investors regarding its business operations, resulting in investor losses.
- False Statement Allegations: The lawsuit claims that Lakeland made false and/or misleading statements during the class period and failed to disclose significant issues with its Pacific Helmets and Jolly businesses, including shipping delays and production problems, thereby overstating the positive impact of these businesses on financial results.
- Deteriorating Financial Condition: Lakeland's business and financial results have significantly deteriorated due to tariff-related headwinds, certification delays, and material flow issues, with the lawsuit alleging that executives overstated the effectiveness of their tariff mitigation measures, leading to unreliable financial guidance.
- Investor Rights Protection: Affected shareholders can file motions to serve as lead plaintiffs in the class action by April 24, 2026, with Rosen Law Firm offering legal services on a contingency fee basis, ensuring no upfront costs for shareholders seeking to recover losses.
See More
Class Action Lawsuit Announced for Lakeland Industries
- Class Action Initiation: Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of Lakeland Industries, Inc. (NASDAQ: LAKE) securities from December 1, 2023, to December 9, 2025, indicating significant legal risks that may impact the company's stock performance.
- Compensation Mechanism: Investors participating in the lawsuit may be entitled to compensation without any upfront costs, a no-risk participation model that could attract more affected investors, thereby increasing the lawsuit's potential impact.
- Overview of Allegations: The lawsuit alleges that Lakeland made false or misleading statements during the class period, failing to disclose significant issues with its Pacific Helmets and Jolly businesses, including production delays and slow product rollouts, which may have led to investor losses.
- Law Firm Background: Rosen Law Firm is renowned for its successful track record in securities class actions, having recovered over $438 million for investors in 2019 alone, demonstrating its expertise and resource advantages in handling such cases.
See More
Lakeland Industries Faces Class Action Lawsuit
- Class Action Filed: Pomerantz LLP has initiated a class action lawsuit against Lakeland Industries in the Southern District of New York, representing investors who purchased securities between December 2023 and December 2025, seeking damages for violations of federal securities laws, highlighting significant legal risks for the company.
- Declining Financial Performance: Lakeland reported a Q4 FY 2025 GAAP EPS of -$2.42, missing consensus estimates by $2.80, with adjusted EBITDA of only $17.4 million, falling short of the expected minimum of $18 million, indicating substantial challenges in post-acquisition integration.
- Stock Price Volatility: Following disappointing financial results, Lakeland's stock price plummeted by 14.33% to $15.72 on April 10, 2025, reflecting a severe loss of market confidence in the company's future prospects, which may lead to further declines in investor trust.
- Acquisition Strategy Under Pressure: Despite Lakeland's efforts to enhance its product portfolio through acquisitions of Pacific Helmets and Jolly, ongoing production issues and market uncertainties have led to deteriorating financial performance, suggesting significant challenges to its small, strategic, and quick (SSQ) M&A strategy.
See More
Lakeland Industries Faces Class Action Lawsuit
- Lawsuit Background: Robbins LLP has alerted shareholders about a class action filed on behalf of investors who purchased Lakeland Industries (NASDAQ:LAKE) securities between December 1, 2023, and December 9, 2025, alleging the company failed to disclose significant issues with its Pacific Helmets and Jolly businesses.
- Financial Missteps: Lakeland's financial results released on December 9, 2025, revealed a Q3 2026 GAAP EPS of -$1.64, missing consensus estimates by $1.93, and revenue of $47.6 million, falling short by $9.05 million, indicating serious operational challenges in its acquired businesses due to timing, certification delays, and material flow issues.
- Stock Price Plunge: Following the earnings report, Lakeland's stock price dropped by $5.85, or 38.97%, closing at $9.16 per share on December 10, 2025, reflecting strong market concerns regarding the company's financial health and operational integrity.
- Future Outlook: Lakeland announced the withdrawal of its financial guidance for FY 2026, stating that the aforementioned challenges have impaired its forecasting ability, which could further erode investor confidence in the company's future performance.
See More
Faruqi & Faruqi Investigates Lakeland Securities Fraud Claims
- Legal Investigation Launched: Faruq & Faruqi, LLP is investigating potential securities fraud claims against Lakeland Industries, Inc., particularly for investors who purchased securities between December 1, 2023, and December 9, 2025, with a deadline of April 27, 2026, indicating significant legal risks for the company.
- Declining Financial Performance: Lakeland reported $38.51 million in revenue for Q2 FY 2025, missing market expectations, which led to a 7.82% drop in stock price on September 5, 2024, highlighting serious issues in production and shipping that have impacted investor confidence.
- Ongoing Losses: In Q4 FY 2025, Lakeland's EPS was -$2.42, significantly below consensus estimates by $2.80, reflecting ongoing challenges in product delivery and production, further exacerbating market concerns about its financial health.
- Stock Price Plummet: Following the Q3 FY 2026 report on December 9, 2025, which revealed an EPS of -$1.64, Lakeland's stock price fell by 38.97% to $9.16, indicating a severe loss of investor confidence in the company's future prospects.
See More
California PPE Opens State-of-the-Art Firefighting Equipment Facility
- Facility Opening: Lakeland Industries has opened a new 9,800 sq. ft. facility in Fresno, California, providing compliant decontamination, inspection, and repair services for firefighting equipment under NFPA 1850 standards, aimed at enhancing safety and efficiency for California fire departments.
- Advanced Equipment: The new facility is equipped with Circul-Air Genius extractors and Juki commercial sewing machines, ensuring efficient cleaning and repairs of personal protective equipment, thereby reducing health risks and extending the lifespan of gear.
- Training Course Launch: California PPE will host its first NFPA 1850 training class on March 3-4, 2026, aimed at educating fire departments on new standards and labor code laws, enhancing their management capabilities for firefighting equipment.
- Market Expansion Strategy: Lakeland CEO Jim Jenkins stated that the new facility will enhance the company's service coverage in California, further solidifying its leadership position in the largest firefighting market in the U.S., while improving customer satisfaction and service quality.
See More
Lakeland Industries Faces Class Action Lawsuit Over Misleading Statements
- Lawsuit Background: Rosen Law Firm has initiated a class action lawsuit on behalf of investors who purchased Lakeland Industries (NASDAQ: LAKE) securities between December 1, 2023, and December 9, 2025, alleging that the company misled investors regarding its business operations, resulting in investor losses.
- False Statement Allegations: The lawsuit claims that Lakeland made false and/or misleading statements during the class period and failed to disclose significant issues with its Pacific Helmets and Jolly businesses, including shipping delays and production problems, thereby overstating the positive impact of these businesses on financial results.
- Deteriorating Financial Condition: Lakeland's business and financial results have significantly deteriorated due to tariff-related headwinds, certification delays, and material flow issues, with the lawsuit alleging that executives overstated the effectiveness of their tariff mitigation measures, leading to unreliable financial guidance.
- Investor Rights Protection: Affected shareholders can file motions to serve as lead plaintiffs in the class action by April 24, 2026, with Rosen Law Firm offering legal services on a contingency fee basis, ensuring no upfront costs for shareholders seeking to recover losses.
See More
Class Action Lawsuit Announced for Lakeland Industries
- Class Action Initiation: Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of Lakeland Industries, Inc. (NASDAQ: LAKE) securities from December 1, 2023, to December 9, 2025, indicating significant legal risks that may impact the company's stock performance.
- Compensation Mechanism: Investors participating in the lawsuit may be entitled to compensation without any upfront costs, a no-risk participation model that could attract more affected investors, thereby increasing the lawsuit's potential impact.
- Overview of Allegations: The lawsuit alleges that Lakeland made false or misleading statements during the class period, failing to disclose significant issues with its Pacific Helmets and Jolly businesses, including production delays and slow product rollouts, which may have led to investor losses.
- Law Firm Background: Rosen Law Firm is renowned for its successful track record in securities class actions, having recovered over $438 million for investors in 2019 alone, demonstrating its expertise and resource advantages in handling such cases.
See More
Lakeland Industries Faces Class Action Lawsuit
- Class Action Filed: Pomerantz LLP has initiated a class action lawsuit against Lakeland Industries in the Southern District of New York, representing investors who purchased securities between December 2023 and December 2025, seeking damages for violations of federal securities laws, highlighting significant legal risks for the company.
- Declining Financial Performance: Lakeland reported a Q4 FY 2025 GAAP EPS of -$2.42, missing consensus estimates by $2.80, with adjusted EBITDA of only $17.4 million, falling short of the expected minimum of $18 million, indicating substantial challenges in post-acquisition integration.
- Stock Price Volatility: Following disappointing financial results, Lakeland's stock price plummeted by 14.33% to $15.72 on April 10, 2025, reflecting a severe loss of market confidence in the company's future prospects, which may lead to further declines in investor trust.
- Acquisition Strategy Under Pressure: Despite Lakeland's efforts to enhance its product portfolio through acquisitions of Pacific Helmets and Jolly, ongoing production issues and market uncertainties have led to deteriorating financial performance, suggesting significant challenges to its small, strategic, and quick (SSQ) M&A strategy.
See More
Lakeland Industries Faces Class Action Lawsuit
- Lawsuit Background: Robbins LLP has alerted shareholders about a class action filed on behalf of investors who purchased Lakeland Industries (NASDAQ:LAKE) securities between December 1, 2023, and December 9, 2025, alleging the company failed to disclose significant issues with its Pacific Helmets and Jolly businesses.
- Financial Missteps: Lakeland's financial results released on December 9, 2025, revealed a Q3 2026 GAAP EPS of -$1.64, missing consensus estimates by $1.93, and revenue of $47.6 million, falling short by $9.05 million, indicating serious operational challenges in its acquired businesses due to timing, certification delays, and material flow issues.
- Stock Price Plunge: Following the earnings report, Lakeland's stock price dropped by $5.85, or 38.97%, closing at $9.16 per share on December 10, 2025, reflecting strong market concerns regarding the company's financial health and operational integrity.
- Future Outlook: Lakeland announced the withdrawal of its financial guidance for FY 2026, stating that the aforementioned challenges have impaired its forecasting ability, which could further erode investor confidence in the company's future performance.
See More
Faruqi & Faruqi Investigates Lakeland Securities Fraud Claims
- Legal Investigation Launched: Faruq & Faruqi, LLP is investigating potential securities fraud claims against Lakeland Industries, Inc., particularly for investors who purchased securities between December 1, 2023, and December 9, 2025, with a deadline of April 27, 2026, indicating significant legal risks for the company.
- Declining Financial Performance: Lakeland reported $38.51 million in revenue for Q2 FY 2025, missing market expectations, which led to a 7.82% drop in stock price on September 5, 2024, highlighting serious issues in production and shipping that have impacted investor confidence.
- Ongoing Losses: In Q4 FY 2025, Lakeland's EPS was -$2.42, significantly below consensus estimates by $2.80, reflecting ongoing challenges in product delivery and production, further exacerbating market concerns about its financial health.
- Stock Price Plummet: Following the Q3 FY 2026 report on December 9, 2025, which revealed an EPS of -$1.64, Lakeland's stock price fell by 38.97% to $9.16, indicating a severe loss of investor confidence in the company's future prospects.
See More
