Press release
Investigation announced for Investors in shares of Gildan Activewear Inc. (NYSE: GIL) over potential Wrongdoing by certain directors
An investigation on behalf of investors in Gildan Activewear Inc. (NYSE: GIL) shares over potential wrongdoing.
Investors who purchased shares of Gildan Activewear Inc. (NYSE: GIL) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain Gildan Activewear Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.
Canada based Gildan Activewear Inc. manufactures and sells various apparel products in the United States, North America, Europe, Asia-Pacific, and Latin America. Gildan Activewear Inc. reported that its annual Total Revenue rose from over $2.92 billion in 2021 to over $3.24 billion in 2022 and that its Net Income declined from $607.18 million in 2021 to $541.54 million in 2022.
Shares of Gildan Activewear Inc. (NYSE: GIL) declined from $37.33 per share on December 08, 2023, to as low as $30.68 per share on January 16, 2024.
Those who purchased shares of Gildan Activewear Inc. (NYSE: GIL) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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