1. Monteverde & Associates is investigating Hanesbrands regarding its sale to Gildan. 2. Shareholders will receive Gildan shares and $0.80 per share cash. 3. The investigation raises questions about the fairness of the proposed sale.
Ongoing investigations can pressure stock prices, similar to HBI's prior cases post-announcements.
The investigation may lead to heightened stock volatility and investor caution ahead of the deal's closing.
Immediate legal scrutiny could result in stock volatility ahead of the acquisition.
NEW YORK, Aug. 19, 2025 /PRNewswire/ -- Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York City and is investigating Hanesbrand Inc. (NYSE: HBI) related to its sale to Gildan Activewear Inc. Under the terms of the proposed transaction, Hanesbrand shareholders will receive (i) 0.102 Gildan shares and (ii) )$0.80 in cash per share. Is it a fair deal?
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About Monteverde & Associates PC
Our firm litigates and has recovered money for shareholders…and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court.
No one is above the law. If you own common stock in the above listed company and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.
Contact:
Juan Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4740
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341
Attorney Advertising. (C) 2025 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter.
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SOURCE Monteverde & Associates PC