LISBON (AP) — The Portuguese soccer federation said Tuesday it was monitoring the situation in Mexico amid a surge in violence ahead of its friendly against the Mexican national team in March.
The federation said it was "closely monitoring the delicate situation currently unfolding in Mexico” following the killing of the country’s most powerful drug lord by the Mexican army on Sunday. The killing sparked a surge in violence and put the country on edge.
The World Cup warmup match is scheduled for March 28 at the renovated Azteca Stadium, which is scheduled to host the opening match of the World Cup between Mexico and South Africa on June 11.
Mexico is set to play Iceland in a friendly Wednesday in Queretaro, with the Icelandic soccer federation saying Tuesday that it expects the game to go ahead as planned.
The Portuguese federation said it was honored by the invitation to participate in the reopening of the renovated venue, but noted that “the recent evolution of events requires continuous evaluation of the conditions” that the national team and its delegation will find.
It said it will follow the recommendations of the Portuguese government and will be in close contact with the Mexican soccer federation.
“Any decision will be made as a result of ongoing monitoring, in close coordination with the government and in line with the Mexican Football Federation, an entity with which the Portuguese Football Federation maintains excellent institutional relations and regular contact,” the Portuguese federation said in a statement.
“The Portuguese Football Federation emphasizes that the safety of players, coaching staff and fans is an absolute priority, and this is the main criteria for all assessments and decisions regarding the holding of the match,” the federation said.
Mexico President Claudia Sheinbaum said Tuesday at her daily news briefing that there was “no risk” for fans coming to the World Cup.
AP soccer: https://apnews.com/hub/soccer
Members of a group that searches for missing people walk alongside soldiers in El Verde, Sinaloa state, Mexico, Monday, Feb. 8, 2026. (AP Photo/Juvencio Villanueva)
Soldiers stand guard near a church in El Verde, Sinaloa state, Mexico, Monday, Feb. 8, 2026. (AP Photo/Juvencio Villanueva)
NEW YORK--(BUSINESS WIRE)--Feb 24, 2026--
Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Lakeland Industries, Inc. (“Lakeland” or the “Company”) (NASDAQ: LAKE) and reminds investors of the April 24, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260224392725/en/
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: Throughout the Class Period, Defendants made materially false and misleading statements regarding Lakeland’s business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Lakeland was experiencing significant, sustained issues with its Pacific Helmets and Jolly businesses, including, inter alia, shipping-related delays, production issues, and slower than expected rollout of new products; (2) accordingly, Defendants overstated the anticipated and actual positive impact of these businesses on Lakeland’s financial results, as well as the overall strength and quality of Pacific Helmets’ and Jolly’s respective operations; (3) Lakeland’s business and financial results were significantly deteriorating because of, inter alia, tariff-related headwinds and timing, certification delays, and material flow issues in its acquired businesses; (4) accordingly, Defendants overstated the strength of their tariff mitigation measures and SSQ M&A strategy; (5) as a result of all the foregoing issues, Defendants’ financial guidance was unreliable; and (6) as a result, Defendants’ public statements were materially false and misleading at all relevant times.
On December 9, 2025, the Company reported third quarter earnings, including “net sales of $47.6 million for Q3 2026, with adjusted EBITDA, excluding FX, at $200,000—a decrease of $4.5 million or 95% compared with the prior year period.” Further, “net loss was $16 million or ($1.64) per basic and diluted share versus net income of $100,000 or $0.01 per share in the prior-year quarter.”
During Lakeland’s third-quarter earnings call, the Company’s CEO, James Jenkins, attributed results in part to “delays in certification.” Jenkins further revealed “we knew that, that certification was coming in March of '26.”
On this news, Lakeland’s stock price fell $5.85 per share, or 38.97%, to close at $9.16 per share on December 10, 2025.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Lakeland’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the Lakeland Industries class action, go to www.faruqilaw.com/LAKE or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
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Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP ( www.faruqilaw.com ). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
LAKE DEADLINE ALERT: Faruqi & Faruqi, LLP Reminds Lakeland Industries (LAKE) Investors of Securities Class Action Deadline on April 27, 2026
