Siskinds LLP, a leading Canadian securities class action firm, has announced an investigation into a potential class action on behalf of investors in Gildan Activewear Inc. (TSX: GIL). The probe follows a short report released on June 16, 2026, which alleged that the company inflated its revenues through channel stuffing. Following the news, Gildan Activewear's share price fell by 18%.
Investigation Details
Investors in Gildan Activewear are encouraged to contact Siskinds LLP at gildanactivewear@siskinds.com or by telephone at 416-594-4793. Anyone with information relevant to the investigation is also urged to come forward. Contacting the firm incurs no cost, does not constitute retaining legal services, and imposes no obligations. All information will be held in strict confidence.
About the Allegations
The short report alleged that Gildan Activewear engaged in channel stuffing, a practice where a company artificially inflates sales by shipping more products to distributors than they can sell. This can lead to overstated revenues and mislead investors about the company's financial health.
About Siskinds LLP
Siskinds LLP is a pioneer in class action lawsuits and has been recognized as a top-tier Canadian firm by Chambers and Partners in their 2026 guide. The class actions team consists of 25 lawyers admitted to practice in British Columbia, Ontario, and Quebec, acting exclusively for plaintiffs. The firm has recovered hundreds of millions of dollars for class members in Canada and abroad.
