A case has been filed in the United States District Court for the Southern District of New York against Lakeland Industries, Inc. and certain executives alleging violations of the federal securities laws. The complaint alleges that defendants misled investors by touting the benefits of the Company’s Pacific Helmets and Jolly acquisitions and reaffirming EBITDA and revenue guidance while failing to disclose ongoing production and shipping delays, certification and material flow issues, and tariff-related headwinds that were negatively impacting results and rendering guidance unreliable. On December 9, 2025, Lakeland reported a significant earnings miss, withdrew its FY2026 guidance, and disclosed the departure of its CFO, and shares fell nearly 39% the following day.
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