In June 2008, Siskinds LLP filed a proposed class action against Gildan Activewear Inc. (ticker: "GIL") and certain of Gildan's senior officers. The action arises out of Gildan's recent disclosures regarding its Dominican Republic manufacturing facilities and Gildan's results for fiscal 2008. The action asserts common law claims and seeks leave to pursue claims under Part XXIII.1 of the Ontario Securities Act.
The class action is brought on behalf of all persons who acquired Gildan securities from August 2, 2007 to the close of trading on April 29, 2008 (the "Class Period"), and who held some or all of those securities as of April 29, 2008.
This is believed to be the eighth class action filed under Part XXIII.1 of the Ontario Securities Act. Siskinds is lead counsel or co-counsel in all of those eight class actions.
If you acquired Gildan securities during the Class Period, please complete the online information form. Your information will be held in strict confidence. By completing the form, you are not retaining Siskinds, nor do you incur any obligations in connection with this lawsuit.
For further information concerning this action, please contact Nicole Young at 1 (800) 461-6166 ext. 2380 or email nicole.young@siskinds.com. Updates concerning this action will be posted above.
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