{"success":true,"data":{"pressRelease":{"id":"5203","rtpr_id":"nNFC1SHvTp","ticker":"LAKE","exchange":"NASDAQ","all_tickers":["LAKE"],"title":"Bronstein, Gewirtz & Grossman LLC Urges Lakeland Industries, Inc. Investors to Act: Class Action Filed Alleging Investor Harm","author":"Newsfile Corp","published_at":"2026-04-22T16:00:10.189Z","article_body":"New York, New York--(Newsfile Corp. - April 22, 2026) - Bronstein, Gewirtz &\nGrossman, LLC, a nationally recognized investor-rights law firm, announces\nthat a class action lawsuit has been filed against Lakeland Industries, Inc.\n(NASDAQ: LAKE) and certain of its officers.\n\nThis lawsuit seeks to recover damages against Defendants for alleged\nviolations of the federal securities laws on behalf of all persons and\nentities that purchased or otherwise acquired Lakeland securities between\nDecember 1, 2023 and December 9, 2025, both dates inclusive (the \"Class\nPeriod\"). Such investors are encouraged to join this case by visiting the\nfirm's site: bgandg.com/LAKE\n(https://api.newsfilecorp.com/redirect/3KZoGsej5Z).\n\nLakeland Case Details\n\nThe Complaint alleges that, throughout the Class Period, Defendants made\nmaterially false and misleading statements regarding Lakeland's business,\noperations, and prospects. Specifically, Defendants made false and/or\nmisleading statements and/or failed to disclose that:\n\n(1) Lakeland was experiencing significant, sustained issues with its Pacific\nHelmets and Jolly businesses, including, inter alia, shipping-related delays,\nproduction issues, and slower-than-expected rollout of new products;\n\n(2) accordingly, Defendants overstated the anticipated and actual positive\nimpact of these businesses on Lakeland's financial results, as well as the\noverall strength and quality of Pacific Helmets' and Jolly's respective\noperations;\n\n(3) Lakeland's business and financial results were significantly deteriorating\nbecause of, inter alia, tariff-related headwinds and timing, certification\ndelays, and material flow issues in its acquired businesses;\n\n(4) accordingly, Defendants overstated the strength of their tariff mitigation\nmeasures and SSQ M&A strategy;\n\n(5) as a result of all the foregoing issues, Defendants' financial guidance\nwas unreliable; and\n\n(6) as a result, Defendants' public statements were materially false and\nmisleading at all relevant times.\n\nWhat's Next for Lakeland Investors?\n\nA class action lawsuit has already been filed. If you wish to review a copy of\nthe Complaint, you can visit the firm's site: bgandg.com/LAKE\n(https://api.newsfilecorp.com/redirect/N3LP2UPBLY), or you may contact Peretz\nBronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein,\nGewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in Lakeland\nyou have until April 24, 2026, to request that the Court appoint you as lead\nplaintiff. Your ability to share in any recovery doesn't require that you\nserve as lead plaintiff.\n\nNo Cost to Lakeland Investors\n\nWe, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on\na contingency fee basis. That means we will ask the court to reimburse us for\nout-of-pocket expenses and attorneys' fees, usually a percentage of the total\nrecovery, only if we are successful.\n\nWhy Bronstein, Gewirtz & Grossman, LLC for Lakeland Securities Class Action?\n\nBronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that\nrepresents investors in securities fraud class actions and shareholder\nderivative suits. Our firm has recovered hundreds of millions of dollars for\ninvestors nationwide. More at www.bgandg.com\n\n\"Our practice centers on restoring investor capital and ensuring corporate\naccountability, which serves to uphold the essential integrity of the\nmarketplace,\" said Peretz Bronstein\n(https://api.newsfilecorp.com/redirect/DO4nBsP40O), Founding Partner of\nBronstein, Gewirtz & Grossman, LLC.\n\nFollow us for updates on LinkedIn\n(https://api.newsfilecorp.com/redirect/rpw1mHwNb2), X\n(https://api.newsfilecorp.com/redirect/VvK80HMpxB), Facebook\n(https://api.newsfilecorp.com/redirect/zAZq7sjZ7P), or Instagram\n(https://api.newsfilecorp.com/redirect/4YZ1xFQYjA).\n\nContact Info\n\nPeretz Bronstein, Esq. or Nathan Miller\nBronstein, Gewirtz & Grossman, LLC\n917-590-0911 | info@bgandg.com\n\nAttorney advertising.\nPrior results do not guarantee similar outcomes.\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/292519","article_body_html":"","raw_payload":{"data":{"id":"nNFC1SHvTp","title":"Bronstein, Gewirtz & Grossman LLC Urges Lakeland Industries, Inc. Investors to Act: Class Action Filed Alleging Investor Harm","author":"Newsfile Corp","ticker":"LAKE","created":"2026-04-22T16:00:10.189Z","tickers":["LAKE"],"exchange":"NASDAQ","article_body":"New York, New York--(Newsfile Corp. - April 22, 2026) - Bronstein, Gewirtz &\nGrossman, LLC, a nationally recognized investor-rights law firm, announces\nthat a class action lawsuit has been filed against Lakeland Industries, Inc.\n(NASDAQ: LAKE) and certain of its officers.\n\nThis lawsuit seeks to recover damages against Defendants for alleged\nviolations of the federal securities laws on behalf of all persons and\nentities that purchased or otherwise acquired Lakeland securities between\nDecember 1, 2023 and December 9, 2025, both dates inclusive (the \"Class\nPeriod\"). Such investors are encouraged to join this case by visiting the\nfirm's site: bgandg.com/LAKE\n(https://api.newsfilecorp.com/redirect/3KZoGsej5Z).\n\nLakeland Case Details\n\nThe Complaint alleges that, throughout the Class Period, Defendants made\nmaterially false and misleading statements regarding Lakeland's business,\noperations, and prospects. Specifically, Defendants made false and/or\nmisleading statements and/or failed to disclose that:\n\n(1) Lakeland was experiencing significant, sustained issues with its Pacific\nHelmets and Jolly businesses, including, inter alia, shipping-related delays,\nproduction issues, and slower-than-expected rollout of new products;\n\n(2) accordingly, Defendants overstated the anticipated and actual positive\nimpact of these businesses on Lakeland's financial results, as well as the\noverall strength and quality of Pacific Helmets' and Jolly's respective\noperations;\n\n(3) Lakeland's business and financial results were significantly deteriorating\nbecause of, inter alia, tariff-related headwinds and timing, certification\ndelays, and material flow issues in its acquired businesses;\n\n(4) accordingly, Defendants overstated the strength of their tariff mitigation\nmeasures and SSQ M&A strategy;\n\n(5) as a result of all the foregoing issues, Defendants' financial guidance\nwas unreliable; and\n\n(6) as a result, Defendants' public statements were materially false and\nmisleading at all relevant times.\n\nWhat's Next for Lakeland Investors?\n\nA class action lawsuit has already been filed. If you wish to review a copy of\nthe Complaint, you can visit the firm's site: bgandg.com/LAKE\n(https://api.newsfilecorp.com/redirect/N3LP2UPBLY), or you may contact Peretz\nBronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein,\nGewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in Lakeland\nyou have until April 24, 2026, to request that the Court appoint you as lead\nplaintiff. Your ability to share in any recovery doesn't require that you\nserve as lead plaintiff.\n\nNo Cost to Lakeland Investors\n\nWe, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on\na contingency fee basis. That means we will ask the court to reimburse us for\nout-of-pocket expenses and attorneys' fees, usually a percentage of the total\nrecovery, only if we are successful.\n\nWhy Bronstein, Gewirtz & Grossman, LLC for Lakeland Securities Class Action?\n\nBronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that\nrepresents investors in securities fraud class actions and shareholder\nderivative suits. Our firm has recovered hundreds of millions of dollars for\ninvestors nationwide. More at www.bgandg.com\n\n\"Our practice centers on restoring investor capital and ensuring corporate\naccountability, which serves to uphold the essential integrity of the\nmarketplace,\" said Peretz Bronstein\n(https://api.newsfilecorp.com/redirect/DO4nBsP40O), Founding Partner of\nBronstein, Gewirtz & Grossman, LLC.\n\nFollow us for updates on LinkedIn\n(https://api.newsfilecorp.com/redirect/rpw1mHwNb2), X\n(https://api.newsfilecorp.com/redirect/VvK80HMpxB), Facebook\n(https://api.newsfilecorp.com/redirect/zAZq7sjZ7P), or Instagram\n(https://api.newsfilecorp.com/redirect/4YZ1xFQYjA).\n\nContact Info\n\nPeretz Bronstein, Esq. or Nathan Miller\nBronstein, Gewirtz & Grossman, LLC\n917-590-0911 | info@bgandg.com\n\nAttorney advertising.\nPrior results do not guarantee similar outcomes.\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/292519"},"type":"article","timestamp":"2026-04-22T16:00:10.24980456Z","server_sent_at_ms":1776873610249},"received_at":"2026-04-22T16:00:10.301Z","source_url":"https://www.newsfilecorp.com/release/292519"},"analysis":{"id":"3771","press_release_id":"5203","analysis_json":{"industry":{"label":"Capital Goods","sector":"Industrials"},"redFlags":["Allegations of materially false and misleading statements regarding business operations","Claims that financial guidance was unreliable due to undisclosed operational issues","Class period spans over two years indicating sustained alleged misconduct"],"eventType":"legal_litigation","narrative":"Bronstein, Gewirtz & Grossman LLC filed a class action lawsuit against Lakeland Industries alleging federal securities law violations between December 1, 2023, and December 9, 2025.\n\nThe complaint contends that officers made materially false statements about the Pacific Helmets and Jolly businesses, concealing shipping delays, production issues, and tariff headwinds.\n\nInvestors have until April 24, 2026, to move for lead plaintiff status in the case.","sentiment":"bearish","agentHooks":{"shouldPost":true,"suggestedAngle":"Class action alleges LAKE concealed operational deterioration and issued misleading guidance regarding its Pacific Helmets and Jolly units."},"keyFigures":{},"quotedText":"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace,","namedEntities":{"people":[{"name":"Peretz Bronstein","role":"Founding Partner"},{"name":"Nathan Miller","role":"Client Relations Manager"}],"products":[],"companies":[{"name":"Bronstein, Gewirtz & Grossman, LLC","relationship":"plaintiff counsel"},{"name":"Lakeland Industries, Inc.","ticker":"LAKE"},{"name":"Pacific Helmets","relationship":"subsidiary"},{"name":"Jolly","relationship":"subsidiary"}],"dollarAmounts":[]},"materialImpact":{"score":4,"reasoning":"A class action lawsuit has been filed alleging securities fraud and misleading statements over a two-year period. The complaint specifically accuses the company of hiding operational deterioration in key business units and issuing unreliable financial guidance."},"tickerRelevance":{"others":[],"primary":"LAKE"},"eventTypeSecondary":[]},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"bearish","material_impact_score":4,"narrative":"Bronstein, Gewirtz & Grossman LLC filed a class action lawsuit against Lakeland Industries alleging federal securities law violations between December 1, 2023, and December 9, 2025.\n\nThe complaint contends that officers made materially false statements about the Pacific Helmets and Jolly businesses, concealing shipping delays, production issues, and tariff headwinds.\n\nInvestors have until April 24, 2026, to move for lead plaintiff status in the case.","key_figures":{},"named_entities":{"people":[{"name":"Peretz Bronstein","role":"Founding Partner"},{"name":"Nathan Miller","role":"Client Relations Manager"}],"products":[],"companies":[{"name":"Bronstein, Gewirtz & Grossman, LLC","relationship":"plaintiff counsel"},{"name":"Lakeland Industries, Inc.","ticker":"LAKE"},{"name":"Pacific Helmets","relationship":"subsidiary"},{"name":"Jolly","relationship":"subsidiary"}],"dollarAmounts":[]},"model_name":"glm-4.7","prompt_hash":"sha256:2f2748f0fcc8c4f2","schema_hash":"sha256:ad96b863d7123008","created_at":"2026-04-22T20:05:06.514Z","global_importance":3,"audience_relevance":3,"importance_components":{"method":"backfill-heuristic","signals":{"bodyLong":false,"headlineTier1":false,"tickerCovered":false,"hadSignificance":false},"version":1,"computedAt":"2026-04-27T11:52:54.332Z"}},"durationMs":33924,"modelName":"glm-4.7"}}