form8k-90726_lake.htm

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 19, 2008

__________________________________________

Lakeland Industries, Inc.

(Exact name of registrant as specified in its charter)

Delaware	0-15535	13-3115216
(State or other jurisdiction	(Commission	(IRS Employer
of incorporation)	File Number)	Identification No.)

701 Koehler Avenue, Suite 7, Ronkonkoma, New York 11779-7410

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (631) 981-9700

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

ý	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01

Other Events.

On March 19, 2008, Lakeland Industries, Inc. (the “Company”) issued a press release in connection with the notice it received from the Holtzman Opportunity Fund, L.P. that it intends to nominate two individuals for election to the Company’s Board of Directors. A copy of the Company’s press release is included as Exhibit 99.1 hereto and is incorporated by reference.

Also on March 19, 2008, the Company delivered a letter to its employees in connection with such stockholder’s notice. A copy of the Company’s letter to employees is included as Exhibit 99.2 hereto and is incorporated by reference.

Item 9.01

Financial Statements and Exhibits.

The following have been filed as exhibits to this Form 8-K:

99.1

Press Release dated March 19, 2008.

99.2

Letter to Employees dated March 19, 2008.

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	LAKELAND INDUSTRIES, INC.


Date March 19, 2008	/s/ Christopher J. Ryan
	Christopher J. Ryan
	President & CEO

Exhibit Number		Description

99.1		Press Release dated March 19, 2008.
99.2		Letter to Employees dated March 19, 2008.

LAKELAND INDUSTRIES COMMENTS ON

NOTICE RECEIVED FROM SEYMOUR HOLTZMAN

RONKONKOMA, NY, March 19, 2008 – Lakeland Industries, Inc. (NASDAQ: LAKE), a leading manufacturer of industrial protective clothing for industry, municipalities, healthcare and to first responders on the federal, state and local levels, today confirmed that it has received notice that an entity controlled by Seymour Holtzman intends to nominate two individuals, including Mr. Holtzman, for election to Lakeland’s Board of Directors at the Company’s 2008 Annual Meeting of Stockholders. The notice contained no additional information regarding Mr. Holtzman’s plans or intentions. The Company is continuing to review the notice. In response to Mr. Holtzman’s notice, Lakeland issued the following statement:

“Lakeland’s Board of Directors and management team are committed to acting in the best interests of the Company and ALL stockholders. We have had extensive conversations with Seymour Holtzman and his associates and are prepared to have continuing conversations with them as long as they are constructive. However, the Board of Directors will not be bullied or distracted from its focus on acting in the best interests of ALL Lakeland stockholders by the threat of a proxy contest from one dissident stockholder. The Lakeland Board of Directors is independent and open-minded and, given that the Board and management beneficially own, in the aggregate, close to 20% of the Company’s issued and outstanding shares, our interests are closely aligned with those of ALL Lakeland stockholders. Our Board, which is comprised of seven directors, five of whom are independent, is actively engaged in the strategy and governance of the Company and is committed to building value for ALL stockholders.”

ADDITIONAL INFORMATION

Lakeland Industries, Inc. and its directors and executive officers may be deemed to be participants in the solicitation of proxies from stockholders in connection with the Company’s 2008 Annual Meeting of Stockholders. The Company plans to file a proxy statement with the Securities and Exchange Commission (“SEC”) in connection with the solicitation of proxies for the Annual Meeting. Information concerning persons who may be considered participants in the solicitation of the Company’s stockholders under the rules of the SEC is set forth in public filings filed by the Company with the SEC, including its proxy statement relating to its 2007 Annual Meeting of Stockholders, and will be set forth in its proxy statement relating to its 2008 Annual Meeting of Stockholders. These documents may be (currently or when filed with the SEC) obtained free of charge at the SEC’s website at http://www.sec.gov and the Company’s website at http://www.lakeland.com.

About Lakeland Industries, Inc.:

Lakeland Industries, Inc. (Nasdaq: LAKE) manufactures and sells a comprehensive line of safety garments and accessories for the industrial protective clothing market. The Company’s products are sold by a direct sales force and through independent sales representatives to a network of over 1000 safety and mill supply distributors. These distributors in turn supply end user industrial customers such as chemical/petrochemical, automobile, steel, glass, construction, smelting, janitorial, pharmaceutical and high technology electronics manufacturers, as well as hospitals and laboratories. In addition, Lakeland supplies federal, state, and local government agencies, fire and police departments, airport crash rescue units, the Department of Defense, the Centers for Disease Control and Prevention, and many other federal and state agencies. For more information concerning Lakeland, please visit the Company online at www.lakeland.com.

Contacts:

Lakeland Industries

631-981-9700

Christopher Ryan, CEO,

CJRyan@lakeland.com

Gary Pokrassa, CFO,

GAPokrassa@lakeland.com

701-7 Koehler Avenue, Suite 7

Ronkonkoma, NY 11779

www.lakeland.com

Darrow Associates for Lakeland Industries

631-367-1866

Jordan Darrow

jdarrow@darrowir.com

Many of you may be aware that a dissident shareholder group has notified us that it intends to conduct a proxy contest to elect two directors at the 2008 annual meeting of stockholders. I would like to share a few brief thoughts with you on this topic.

First and foremost, Lakeland’s Board of Directors and management team are committed to acting in the best interest of the Company and all of its stockholders. We welcome the views and opinions of our investors with the shared goal of enhancing value for all Lakeland employees, stockholders and customers. However, the Board of Directors remains focused on acting in the best interests of all Lakeland stockholders and will not be distracted by the threat of a proxy contest from a dissident shareholder group.

Although we are operating in a challenging economic environment, we are confident in our direction and strategy for Lakeland. We must continue to provide our customers with superior products to create value, both for our stockholders and our customers.

Lastly, I would like to remind you about our procedures for responding to outside inquiries. If you receive any investor, analyst or media inquiries, please forward them to Jordan Darrow, Director of Investor Relations, at (631) 367-1866 or jdarrow@darrowir.com.

On behalf of our Board of Directors and senior management team, I would like to thank all of you for your continued hard work and dedication to Lakeland, and for your continued support as we continue to build our business and generate value for all of our stockholders.

	Sincerely,


	Christopher J. Ryan
	President and Chief Executive Officer

ADDITIONAL INFORMATION