Lakeland(LAKE)
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ROSEN, SKILLED INVESTOR COUNSEL, Encourages Lakeland Industries, Inc. Investors to Inquire About Securities Class Action Investigation - LAKE
TMX Newsfile· 2026-02-04 03:24
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: Investigation and Legal Action - Shareholders who purchased Lakeland securities may be entitled to compensation through a class action lawsuit without any out-of-pocket fees [2]. - The Rosen Law Firm is preparing a class action to seek recovery of investor losses related to Lakeland Industries [2]. Group 2: Financial Performance and Stock Impact - 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 of 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 [4]. - In 2019, the firm secured over $438 million for investors, and its founding partner was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020 [4].
Lakeland Fire + Safety Awarded Contract from UK County Fire and Rescue Services for Firefighting Gloves
Globenewswire· 2026-02-03 13:31
Core Insights - Lakeland Industries, Inc. has secured a multi-year contract to supply Ultimate Glow+ structural firefighting gloves to seven County Fire and Rescue Services in the UK, highlighting the company's ability to meet rigorous procurement standards [1][3][4] Company Overview - Lakeland Fire + Safety is a leading global manufacturer of protective clothing and apparel for various sectors, including industry, healthcare, and first responders [5] - The company offers a comprehensive line of fire services and industrial protective clothing, along with decontamination, repair, and rental services [5] - Lakeland's products are sold globally through in-house sales teams and authorized independent sales representatives, reaching a strategic network of distributors [5] Industry Context - The UK Fire and Rescue Services consist of 12 regional divisions and 53 individual services, employing approximately 30,600 firefighters [2] - These services are responsible for emergency responses to fires, road accidents, floods, and public safety initiatives [2] Product and Innovation - The Ultimate Glow+ glove was recognized for its technical capability and performance, achieving the top rank in an independent evaluation process that included wearer trials [3] - The glove is designed to reduce firefighter exposure to harmful contaminants while enhancing situational awareness [3][4] Strategic Implications - The contract is seen as a significant endorsement of Lakeland's product innovation and commitment to safety, positioning the company as a trusted partner in the fire and rescue sector [4] - This award is expected to strengthen Lakeland's growth prospects within the UK public safety market [4]
ROSEN, A HIGHLY RANKED LAW FIRM, Encourages Lakeland Industries, Inc. Investors to Inquire About Securities Class Action Investigation - LAKE
TMX Newsfile· 2026-01-31 22:54
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: Investigation and Legal Action - Shareholders who purchased Lakeland securities may be entitled to compensation through a class action lawsuit without any out-of-pocket fees [2]. - The Rosen Law Firm is preparing a class action to seek recovery of investor losses related to Lakeland Industries [2]. Group 2: Financial Performance and Stock Impact - 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 of 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 No. 1 for the number of settlements in 2017 [4]. - The firm has recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone [4].
ROSEN, LEADING INVESTOR COUNSEL, Encourages Lakeland Industries, Inc. Investors to Inquire About Securities Class Action Investigation - LAKE
TMX Newsfile· 2026-01-30 22:53
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: Investigation Details - The investigation is prompted by Lakeland's announcement that it withdrew its previously issued financial guidance for the 2026 fiscal year and will not provide future financial guidance [3]. - Following this announcement, Lakeland's stock experienced a significant decline of 38.97% on December 10, 2025 [3]. Group 2: Class Action Information - Shareholders who purchased Lakeland securities may be entitled to compensation through a class action without any out-of-pocket fees, facilitated by a contingency fee arrangement [2]. - Interested investors can join the class action by visiting the provided link or contacting the law firm directly [2]. 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 No. 1 for the number of settlements in 2017 [4]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4].
Lakeland Fire + Safety Secures Tender from Belgian Federal and Local Police Departments for Safety Footwear
Globenewswire· 2026-01-28 13:31
Core Insights - Lakeland Industries, Inc. has received an order from the Belgian Federal Police and Local Police departments for certified safety footwear, marking the third award in a six-year tender agreement [1][3]. Group 1: Company Overview - Lakeland Fire + Safety is a leading global manufacturer of protective clothing and apparel for various sectors including industry, healthcare, and first responders [1][5]. - The company offers a comprehensive line of fire services and industrial protective clothing, along with decontamination, repair, and rental services [5]. Group 2: Market Presence and Performance - The Belgian Federal Police consists of approximately 12,300 officers and civilian personnel, while there are around 30,000 local police officers across 196 local police areas in Belgium [2]. - The order signifies the strong performance, comfort, and durability of Lakeland's footwear, which has been validated during end-user testing [3]. - The footwear's quality and proven supply reliability have been key strengths in maintaining a long-term partnership with the Belgian police forces [3]. Group 3: Future Opportunities - There is potential for further orders in future contract cycles, indicating a positive outlook for continued collaboration with Belgium's police forces [3]. - The transaction highlights the global reach of Lakeland's products across various geographies and industry verticals, with established relationships and local market knowledge being advantageous [4]. - The company aims to strengthen its leading global fire brand and explore attractive cross-selling opportunities across its markets [4].
LAKE INVESTOR ALERT: Kirby McInerney LLP Investigates Potential Claims Involving Lakeland Industries, Inc.
Businesswire· 2026-01-22 01:00
Core Viewpoint - The law firm Kirby McInerney LLP is investigating Lakeland Industries, Inc. for potential violations of federal securities laws and other unlawful business practices by the company and/or its senior management [1] Group 1 - Lakeland Industries reported third quarter earnings on December 9, 2025, with net sales of $47.6 million [1]
LAKE ANNOUNCEMENT: If You Have Suffered Losses in Lakeland Industries, Inc. (NASDAQ: LAKE), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
Globenewswire· 2026-01-21 22:40
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: Investigation and Class Action - Shareholders who purchased Lakeland securities may be entitled to compensation through a contingency fee arrangement, with a class action being prepared to seek recovery of investor losses [2]. - The investigation follows Lakeland's announcement on December 9, 2025, where the company withdrew its previously issued financial guidance for the 2026 fiscal year and stated it would not provide financial guidance going forward [3]. Group 2: Stock Performance Impact - Following the announcement of the withdrawal of financial guidance, 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 emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company and being ranked highly for securities class action settlements [4]. - The firm has recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone [4].
LAKELAND INDUSTRIES INVESTIGATION ALERT: Bragar Eagel & Squire, P.C. is Investigating Lakeland Industries, Inc. on Behalf of Lakeland Stockholders and Encourages Investors to Contact the Firm
Globenewswire· 2026-01-21 21:21
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Lakeland Industries, Inc. for possible violations of federal securities laws and unlawful business practices affecting stockholders [1][2]. Investigation Details - The investigation is focused on whether Lakeland has engaged in unlawful business practices that may have led to financial losses for investors [1][2]. Financial Performance - Lakeland reported third-quarter earnings on December 9, 2025, with net sales of $47.6 million for Q3 2026, and an adjusted EBITDA of $200,000, reflecting a decrease of $4.5 million or 95% compared to the prior year [6]. - The company experienced a net loss of $16 million, equating to ($1.64) per basic and diluted share, in contrast to a net income of $100,000 or $0.01 per share in the same quarter of the previous year [6]. - Following the earnings report, Lakeland's stock price dropped by $5.85 per share, or 38.97%, closing at $9.16 per share on December 10, 2025 [6]. Management Commentary - CEO James Jenkins attributed the poor financial results partly to "delays in certification," indicating that the company anticipated certification to occur in March 2026 [6].
Rosen Law Firm Encourages Lakeland Industries, Inc. Investors to Inquire About Securities Class Action Investigation - LAKE
Prnewswire· 2026-01-16 22:49
Group 1 - The Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Lakeland Industries, Inc. due to allegations of materially misleading business information [1] - 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, leading to a 38.97% drop in stock price on December 10, 2025 [3] - The Rosen Law Firm is preparing a class action to seek recovery of investor losses, allowing investors to join without any out-of-pocket fees through a contingency fee arrangement [2] Group 2 - 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 [4] - In 2019, the firm secured over $438 million for investors, demonstrating its capability in recovering significant amounts for clients [4]
LAKE Investigation: Investors Encouraged to Contact Kirby McInerney LLP
Businesswire· 2026-01-15 01:00
Core Viewpoint - The law firm Kirby McInerney LLP is investigating Lakeland Industries, Inc. for potential violations of federal securities laws or other unlawful business practices related to its recent financial performance [1]. Financial Performance - Lakeland Industries reported net sales of $47.6 million for Q3 2026, with adjusted EBITDA, excluding foreign exchange effects, at $200,000, representing a decrease of $4.5 million or 95% compared to the same period last year [2]. - The company experienced a net loss of $16 million, equating to a loss of $1.64 per basic and diluted share, in contrast to a net income of $100,000 or $0.01 per share in the prior-year quarter [2]. - Following the earnings report, Lakeland's share price fell by $5.85, or approximately 38.97%, from $15.01 on December 9, 2025, to close at $9.16 on December 10, 2025 [2]. Management Commentary - CEO James Jenkins attributed the disappointing results partly to "delays in certification," indicating that the company was aware of the certification timeline, which was expected in March 2026 [2].