BOSTON, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Block & Leviton announces that a securities fraud lawsuit has been filed against Lakeland Industries, Inc. (Nasdaq: LAKE) and certain of its executives. Investors who have lost money in their Lakeland Industries, Inc. investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/lake. What is this all about? A case has been filed in the United States District Court for the Southern ...

ATLANTA, Feb. 24, 2026 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against Lakeland Industries, Inc. (“Lakeland” or the “Company”) (NASDAQ: LAKE). The lawsuit alleges that Defendants issued false and misleading statements and/or failed to disclose material adverse facts regarding Lakeland’s business, operations, and prospects, including allegations that: (1)  Lakeland was experiencing significant, sustained issues with its Pacific Helmets and Jolly businesses, including, inter alia ...

NEW YORK, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of all persons or entities who purchased or otherwise acquired Lakeland Industries, Inc. (“Lakeland” or the “Company”) (NASDAQ: LAKE) securities between December 1, 2023, and December 9, 2025, inclusive (the “Class Period”). The Complaint alleges that Defendants failed to disclose to investors ...

Core Viewpoint - Lakeland Industries, Inc. has appointed Lee D. Rudow to its Board of Directors, effective April 9, 2026, to enhance operational and M&A strategies as the company aims to expand its global footprint in the fire and industrial markets [1][4]. Group 1: Appointment and Experience - Lee D. Rudow brings over 33 years of experience in various leadership roles across startups, private equity-funded, and large industrial companies, currently serving as CEO of Transcat, Inc. for over 14 years [2][3]. - Rudow has a proven track record with 67 consecutive quarters of year-over-year service revenue growth at Transcat, highlighting his capability in driving growth and executing transformative acquisitions [2]. Group 2: Strategic Importance - The appointment of Rudow is seen as timely, providing Lakeland with insights into operational execution and strategic M&A integration, which are crucial for scaling its Fire and Industrial platforms globally [4]. - Rudow expressed his commitment to expanding Lakeland's portfolio and capabilities, aiming to position the company for long-term success in the protective clothing market [4]. Group 3: Company Overview - Lakeland Fire + Safety manufactures a comprehensive line of protective clothing and accessories for various industries, including healthcare and first responders, and offers decontamination, repair, and rental services [5]. - The company sells its products globally, reaching over 50 countries, with significant markets including China, the European Economic Community, Canada, and various regions in Latin America and Asia [5].

Waterless CO₂ Decontamination Capability Will Complement California PPE’s Advanced Wet Wash Solutions and Further Elevate Cleaning Efficacy HUNTSVILLE, Ala., Feb. 19, 2026 (GLOBE NEWSWIRE) -- Lakeland Industries, Inc. ("Lakeland Fire + Safety" or "Lakeland") (NASDAQ: LAKE), a leading global manufacturer of protective clothing and apparel for industry, healthcare and first responders, today announced that its California PPE Recon, Inc. (“California PPE”) subsidiary, which specializes in personal protective e ...

Core Insights - Lakeland Industries, Inc. announced that its subsidiary California PPE has been selected to provide turnout gear maintenance and decontamination services for the Newport Beach Fire Department, highlighting the company's service quality and market position in the PPE sector [1][3]. Company Overview - Lakeland Fire + Safety is a global manufacturer of protective clothing and apparel, serving industries such as healthcare and first responders, and offers a comprehensive line of fire services and industrial protective clothing [4]. - California PPE is recognized as a leading and rapidly expanding UL-certified service provider in the California firefighting services market, focusing on advanced decontamination, repair, and inspection of firefighting PPE [2]. Strategic Positioning - The award to California PPE reflects the company's strategy to expand its recurring service offerings in North America, emphasizing the importance of verified, standards-based care and maintenance programs for firefighting gear [3]. - The scope of work includes maintenance and cleaning of turnout gear in compliance with NFPA 1850 requirements, ensuring documented inspection and care practices to support firefighter health and safety [3]. Market Demand - There is an increasing emphasis from fire departments on verified care and maintenance programs for turnout gear, indicating a growing market demand for such services [3].

Core Viewpoint - Lakeland Industries, Inc. has appointed Calven Swinea as Chief Financial Officer to lead financial strategies and ERP implementation for the company's growth [1][2]. Financial Priorities - The company aims to strengthen liquidity, accelerate debt reduction, maximize working capital efficiency, and enforce disciplined expense management [2][4]. - Calven Swinea has already contributed to fortifying the balance sheet, leading inventory reduction initiatives, and improving cash conversion [2][3]. ERP Implementation - Swinea is overseeing the implementation of an Enterprise Resource Planning (ERP) system, expected to be fully deployed by fiscal 2027, which will centralize data and improve financial controls [3][4]. - The near-term focus remains on cash generation, working capital discipline, cost control, and balance sheet improvement [3]. Strategic Growth Initiatives - The company is focused on integrating accretive acquisitions, expanding market share in fire protection globally, and strengthening its Industrial products business [5]. - These initiatives are supported by rigorous financial discipline aimed at improving revenue quality, expanding margins, and enhancing free cash flow [5]. Leadership Background - Calven Swinea has a strong background in finance, having served in various roles including Vice President of Finance and Global Corporate Controller prior to his current position [6].

Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Lakeland Industries, Inc. due to allegations of materially misleading business information issued to the investing public [1]. Group 1: Legal Action and Investor Rights - Investors who purchased Lakeland securities may be entitled to compensation through a contingency fee arrangement, with a class action being prepared to recover investor losses [2]. - To join the prospective class action, investors can submit a form or contact the law firm directly for more information [2]. Group 2: Company Financial Performance - On December 9, 2025, Lakeland Industries announced the withdrawal of its previously issued financial guidance for the 2026 fiscal year and stated it would not provide financial guidance going forward [3]. - Following this announcement, Lakeland's stock experienced a significant decline, falling by 38.97% on December 10, 2025 [3]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company and being ranked highly for the number of settlements [4]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4].

Core Insights - Lakeland Industries, Inc. has successfully fulfilled an urgent order for operational footwear from the Italian Ministry of the Interior for police personnel during the Milano Cortina 2026 Winter Olympics, showcasing the company's capability in rapid delivery and inventory management [1][4]. Group 1: Company Overview - Lakeland Industries, Inc. is a leading global manufacturer of protective clothing and apparel for various sectors, including industry, healthcare, and first responders [1][6]. - The company offers a comprehensive line of fire services and industrial protective clothing, along with decontamination, repair, and rental services [6]. Group 2: Recent Developments - The Italian Ministry of the Interior placed an order for boots designed for wildland firefighting, which are also suitable for crowd control and emergency response, highlighting the versatility of Lakeland's products [3][4]. - The company was able to deliver the required footwear to multiple Olympic locations in under 48 hours, demonstrating its efficient logistics and inventory management capabilities [4][5]. Group 3: Competitive Advantage - Lakeland's competitive strength lies in having its entire product collection available in stock, which allowed for an immediate response to the urgent order [4]. - The successful execution of this order led to an additional order from the Ministry, underscoring the reliability of Lakeland's service [4][5].

Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Lakeland Industries, Inc. due to allegations of materially misleading business information issued by the company [1]. Group 1: Legal Action and Investor Rights - Shareholders who purchased Lakeland securities may be entitled to compensation through a class action lawsuit without any out-of-pocket fees, facilitated by a contingency fee arrangement [2]. - The Rosen Law Firm is preparing a class action to recover investor losses related to Lakeland Industries [2]. Group 2: Company Financial Performance - On December 9, 2025, Lakeland Industries announced the withdrawal of its previously issued financial guidance for the 2026 fiscal year and stated it would not provide financial guidance going forward [3]. - Following this announcement, Lakeland's stock experienced a significant decline, falling by 38.97% on December 10, 2025 [3]. Group 3: Rosen Law Firm's Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company and being ranked highly for the number of settlements since 2013 [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering substantial amounts for its clients [4].