Ongoing Investigation into HanesBrands Inc. by the Ademi Firm Raises Concerns for Shareholders

HanesBrands Investigation: A Shareholder Alert

As concerns over corporate governance continue to navigate the financial landscape, the Ademi Firm has initiated an investigation into HanesBrands Inc. (NYSE: HBI). This inquiry specifically focuses on whether the company has adequately protected its public shareholders during its recent transaction with Gildan.

The scrutiny arises from claims of possible breaches of fiduciary duties alongside other legal violations linked to the acquisition deal. Under the proposed agreement, shareholders of HanesBrands would receive a combination of cash and Gildan shares as compensation. Each HanesBrands shareholder will receive 0.102 shares of Gildan plus $0.80 in cash for every share they own, making the total worth approximately $6.00 per share. This offer values HanesBrands at an estimated $2.2 billion in equity and a substantial $4.4 billion in enterprise value when referencing Gildan's stock price from August 11, 2025.

The transaction may pose significant implications for shareholders, especially considering the arrangement may exceptionally benefit HanesBrands insiders through change of control provisions. Moreover, the merger agreement restricts HanesBrands from accepting other bids, imposing hefty penalties should they consider any competing offers, raising concerns about their board of directors fulfilling their fiduciary obligations to all shareholders.

The Ademi Firm, recognized for its expertise in shareholder litigation connected to mergers, buyouts, and safeguarding shareholder rights, is urging affected shareholders to participate in the ongoing investigation. Members of the public can participate at no cost. The firm emphasizes that prior legal outcomes do not ensure similar future results but aim to protect shareholder interests in an environment that often challenges them.

To learn more about the investigation or to become involved, interested shareholders are encouraged to reach out via the provided channels, ensuring a pathway to safeguard their financial interests throughout this transaction.

This investigation occurs against a backdrop of increasing scrutiny on corporate practices and duties owed to shareholders in the merger scenarios. As the Ademi Firm diligently probes into HanesBrands' practices and decisions, it stands as a reminder of the ongoing need for transparency and fair treatment of all shareholders in significant transactions.

With the stakes high for HanesBrands public shareholders, their next steps may determine whether their interests are effectively safeguarded or overlooked in the corporate game of mergers and acquisitions. The Ademi Firm’s commitment to advocating on behalf of shareholders serves as a critical component in maintaining corporate accountability in today's rapidly changing business environment.