{"id":952129,"date":"2026-04-16T11:44:51","date_gmt":"2026-04-16T15:44:51","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/giii-investor-alert-g-iii-apparel-group-securities-fraud-investigation-investors-with-losses-may-seek-to-lead-the-potential-class-action-after-executives-allegedly-misled-on-earnings-levi-ko\/"},"modified":"2026-04-16T11:44:51","modified_gmt":"2026-04-16T15:44:51","slug":"giii-investor-alert-g-iii-apparel-group-securities-fraud-investigation-investors-with-losses-may-seek-to-lead-the-potential-class-action-after-executives-allegedly-misled-on-earnings-levi-ko","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/giii-investor-alert-g-iii-apparel-group-securities-fraud-investigation-investors-with-losses-may-seek-to-lead-the-potential-class-action-after-executives-allegedly-misled-on-earnings-levi-ko\/","title":{"rendered":"GIII Investor Alert: G-III Apparel Group Securities Fraud Investigation &#8211; Investors With Losses May Seek to Lead the Potential Class Action After Executives Allegedly Misled on Earnings: Levi &amp; Korsinsky"},"content":{"rendered":"<h2>\nG-III Apparel Group CEO Claimed Earnings &#8220;Exceeded&#8221; Guidance on December 9, 2025 &#8212; Three Months Later, the Company Reported a $31.9 Million Net Loss<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p>NEW YORK, April  16, 2026  (GLOBE NEWSWIRE) &#8212; Investors in G-III Apparel Group, Ltd. (NASDAQ: GIII) lost more than 11% of their share value on March 12, 2026, after the company reported full-year results that bore little resemblance to what management told shareholders three months earlier. Those who purchased GIII shares and suffered a loss are encouraged to <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=WojPNweCpFZ1zIiZIIAmnjvKTvQEbZs7m7XAdV97fOEYa-xvl8RechE-Ud3Qhg8e-k9vzvJJjvFQPlK_1gfqpqOYEgeNTIYmQvkSgGdB8iVR31gXaKlp_dV-u6RlsNjFN2KM0Xj7yFUEA0IusNg06PcD_u__OcZYcHjsZDC7u_1PCebohEFlvFEAqS3gbjAUsqYxAyADdFHHGa01VbcOsA==\" rel=\"nofollow\" target=\"_blank\">submit their information here<\/a>. You may also contact Joseph E. Levi, Esq. via email at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=3PQRUA2czXX0T3pmHTPX8ez-jL3W3KtyMcIxbKfMki78CChx3ojt21LH6l8MvOeKyYkMwT00qkQJKsDRLJ-4HChlN_EaSmTEamJjvbIFMLE=\" rel=\"nofollow\" target=\"_blank\"><u>jlevi@levikorsinsky.com<\/u><\/a> or by telephone at (212) 363-7500.<\/p>\n<p>On the Q3 fiscal 2026 earnings call on December 9, 2025, Chairman and CEO Morris Goldfarb told investors: &#8220;We delivered strong profitability in the third quarter despite the impacts of tariffs, with earnings exceeding the high end of our guidance range.&#8221; On the same call, CFO Neal Nackman raised full-year diluted EPS guidance to $2.72 to $2.82. The CEO added that &#8220;healthy consumer demand&#8221; was driving the company&#8217;s results and that management was taking a &#8220;prudent approach&#8221; to outlook.<\/p>\n<p>On March 12, 2026, G-III reported fiscal year 2026 results that included a $17.5 million bad-debt charge and a quarterly net loss of $31.9 million. Full-year GAAP results came in at $1.51 per diluted share &#8212; a shortfall of $1.21 to $1.31 from the guidance range management raised in December. Shares opened down approximately 11.53% on the news.<\/p>\n<p>Shareholders who lost money on their GIII investment are encouraged to <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=uhx6qL-eJYcfcY1lpwVc65nQKQvpqFJxdQLRKAr-uz_mEayHsJwapJCqOqFiA69J4M-Kv_QOuo4Juqm4CNvyDz5PXkcD97WHDyZtxD99mYgF6FxpuUsflSe0DdxMtRJeFh2qv0BU38Z7QQ-xs-hl9GheOZRSJdzfQfGp1xcA84SZMXEcbqikay_nHQQ0AHr8KYksZDTmY0gVusIbfy0qYg==\" rel=\"nofollow\" target=\"_blank\">click here to obtain additional information<\/a>. You may also contact Joseph E. Levi, Esq. via email at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=3PQRUA2czXX0T3pmHTPX8ez-jL3W3KtyMcIxbKfMki4oPbx99zuSxrucAfpAyIQFSUR3v_LwPc19MhaZhha9vl6oaX_ppTloyKQLdGzqH98=\" rel=\"nofollow\" target=\"_blank\"><u>jlevi@levikorsinsky.com<\/u><\/a> or by telephone at (212) 363-7500.<\/p>\n<p>WHY LEVI &amp; KORSINSKY &#8212; Ranked in ISS Securities Class Action Services&#8217; Top 50 Report for seven consecutive years, Levi &amp; Korsinsky, LLP is a nationally recognized leader in shareholder rights litigation. With a team of over 70 professionals, the firm has recovered hundreds of millions of dollars for investors.<\/p>\n<p>CONTACT:<\/p>\n<p>Levi &amp; Korsinsky, LLP<\/p>\n<p>Joseph E. Levi, Esq.<\/p>\n<p>Ed Korsinsky, Esq.<\/p>\n<p>33 Whitehall Street, 27th Floor<\/p>\n<p>New York, NY 10004<\/p>\n<p>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=3PQRUA2czXX0T3pmHTPX8ez-jL3W3KtyMcIxbKfMki4YEVtB3IYS-pZMdvc956UMFptbIlKPJDuLhTTEe9q_D5aFgNeGVjMuJdIQzF25F4V-_xqCSoxMIkinchHYjLqL\" rel=\"nofollow\" target=\"_blank\"><br \/>\n          <u>jlevi@levikorsinsky.com<\/u><br \/>\n        <\/a>\n      <\/p>\n<p>Tel: (212) 363-7500<\/p>\n<p>Fax: (212) 363-7171<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTY5MDgzNCM3NTM4MzcxIzIwMjA0MjY=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ZjI2YTFiMWMtNDQ1ZS00M2M3LWI4YTktZjMyNjYzY2RlYzA5LTEwMzIyOTMtMjAyNi0wNC0xNi1lbg==\/tiny\/Levi-Korsinsky-LLP.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>G-III Apparel Group CEO Claimed Earnings &#8220;Exceeded&#8221; Guidance on December 9, 2025 &#8212; Three Months Later, the Company Reported a $31.9 Million Net Loss NEW YORK, April 16, 2026 (GLOBE NEWSWIRE) &#8212; Investors in G-III Apparel Group, Ltd. (NASDAQ: GIII) lost more than 11% of their share value on March 12, 2026, after the company reported full-year results that bore little resemblance to what management told shareholders three months earlier. Those who purchased GIII shares and suffered a loss are encouraged to submit their information here. You may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. On the Q3 fiscal 2026 earnings call on December 9, 2025, Chairman and CEO Morris Goldfarb &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/giii-investor-alert-g-iii-apparel-group-securities-fraud-investigation-investors-with-losses-may-seek-to-lead-the-potential-class-action-after-executives-allegedly-misled-on-earnings-levi-ko\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;GIII Investor Alert: G-III Apparel Group Securities Fraud Investigation &#8211; Investors With Losses May Seek to Lead the Potential Class Action After Executives Allegedly Misled on Earnings: Levi &amp; Korsinsky&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-952129","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GIII Investor Alert: G-III Apparel Group Securities Fraud Investigation - Investors With Losses May Seek to Lead the Potential Class Action After Executives Allegedly Misled on Earnings: Levi &amp; Korsinsky - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/giii-investor-alert-g-iii-apparel-group-securities-fraud-investigation-investors-with-losses-may-seek-to-lead-the-potential-class-action-after-executives-allegedly-misled-on-earnings-levi-ko\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GIII Investor Alert: G-III Apparel Group Securities Fraud Investigation - Investors With Losses May Seek to Lead the Potential Class Action After Executives Allegedly Misled on Earnings: Levi &amp; Korsinsky - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"G-III Apparel Group CEO Claimed Earnings &#8220;Exceeded&#8221; Guidance on December 9, 2025 &#8212; Three Months Later, the Company Reported a $31.9 Million Net Loss NEW YORK, April 16, 2026 (GLOBE NEWSWIRE) &#8212; Investors in G-III Apparel Group, Ltd. (NASDAQ: GIII) lost more than 11% of their share value on March 12, 2026, after the company reported full-year results that bore little resemblance to what management told shareholders three months earlier. Those who purchased GIII shares and suffered a loss are encouraged to submit their information here. You may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. On the Q3 fiscal 2026 earnings call on December 9, 2025, Chairman and CEO Morris Goldfarb &hellip; Continue reading &quot;GIII Investor Alert: G-III Apparel Group Securities Fraud Investigation &#8211; Investors With Losses May Seek to Lead the Potential Class Action After Executives Allegedly Misled on Earnings: Levi &amp; Korsinsky&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/giii-investor-alert-g-iii-apparel-group-securities-fraud-investigation-investors-with-losses-may-seek-to-lead-the-potential-class-action-after-executives-allegedly-misled-on-earnings-levi-ko\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-16T15:44:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTY5MDgzNCM3NTM4MzcxIzIwMjA0MjY=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/giii-investor-alert-g-iii-apparel-group-securities-fraud-investigation-investors-with-losses-may-seek-to-lead-the-potential-class-action-after-executives-allegedly-misled-on-earnings-levi-ko\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/giii-investor-alert-g-iii-apparel-group-securities-fraud-investigation-investors-with-losses-may-seek-to-lead-the-potential-class-action-after-executives-allegedly-misled-on-earnings-levi-ko\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"GIII Investor Alert: G-III Apparel Group Securities Fraud Investigation &#8211; 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Korsinsky - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/giii-investor-alert-g-iii-apparel-group-securities-fraud-investigation-investors-with-losses-may-seek-to-lead-the-potential-class-action-after-executives-allegedly-misled-on-earnings-levi-ko\/","og_locale":"en_US","og_type":"article","og_title":"GIII Investor Alert: G-III Apparel Group Securities Fraud Investigation - Investors With Losses May Seek to Lead the Potential Class Action After Executives Allegedly Misled on Earnings: Levi &amp; Korsinsky - Market Newsdesk","og_description":"G-III Apparel Group CEO Claimed Earnings &#8220;Exceeded&#8221; Guidance on December 9, 2025 &#8212; Three Months Later, the Company Reported a $31.9 Million Net Loss NEW YORK, April 16, 2026 (GLOBE NEWSWIRE) &#8212; Investors in G-III Apparel Group, Ltd. (NASDAQ: GIII) lost more than 11% of their share value on March 12, 2026, after the company reported full-year results that bore little resemblance to what management told shareholders three months earlier. Those who purchased GIII shares and suffered a loss are encouraged to submit their information here. You may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. On the Q3 fiscal 2026 earnings call on December 9, 2025, Chairman and CEO Morris Goldfarb &hellip; Continue reading \"GIII Investor Alert: G-III Apparel Group Securities Fraud Investigation &#8211; Investors With Losses May Seek to Lead the Potential Class Action After Executives Allegedly Misled on Earnings: Levi &amp; Korsinsky\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/giii-investor-alert-g-iii-apparel-group-securities-fraud-investigation-investors-with-losses-may-seek-to-lead-the-potential-class-action-after-executives-allegedly-misled-on-earnings-levi-ko\/","og_site_name":"Market Newsdesk","article_published_time":"2026-04-16T15:44:51+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTY5MDgzNCM3NTM4MzcxIzIwMjA0MjY=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/giii-investor-alert-g-iii-apparel-group-securities-fraud-investigation-investors-with-losses-may-seek-to-lead-the-potential-class-action-after-executives-allegedly-misled-on-earnings-levi-ko\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/giii-investor-alert-g-iii-apparel-group-securities-fraud-investigation-investors-with-losses-may-seek-to-lead-the-potential-class-action-after-executives-allegedly-misled-on-earnings-levi-ko\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"GIII Investor Alert: G-III Apparel Group Securities Fraud Investigation &#8211; 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