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Levi & Korsinsky Notifies Shareholders of V.F. Corporation(VFC) of a Class Action Lawsuit and an Upcoming Deadline
Globenewswire· 2025-11-11 21:34
Core Viewpoint - V.F. Corporation is facing a class action securities lawsuit due to alleged securities fraud that negatively impacted investors between October 30, 2023, and May 20, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that V.F. Corporation made materially false and misleading statements regarding its turnaround plans, particularly concerning the Vans brand, which required significant reset actions to return to growth [2]. - Following the release of V.F. Corporation's fiscal 2025 results on May 21, 2025, it was revealed that Vans' revenue growth had significantly declined, with losses increasing from 8% to 20% in the fourth quarter [2]. - The company attributed its disappointing results to deliberate actions taken to eliminate unprofitable businesses, indicating that even without these actions, Vans would have experienced a high single-digit revenue decline [2]. Group 2: Stock Price Impact - On May 21, 2025, V.F. Corporation's stock price fell from $14.43 to $12.15 per share, marking a decline of approximately 15.8% in one day following the negative news [2]. Group 3: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until November 12, 2025, to request appointment as lead plaintiff in the lawsuit, although participation does not require serving in this role [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 4: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years and consistently ranking among the top securities litigation firms in the U.S. [4].
Class Action Lawsuit Alert: Levi & Korsinsky Reminds V.F. Corporation (VFC) Investors of November 12, 2025 Deadline
Newsfile· 2025-11-11 14:12
Core Viewpoint - A class action lawsuit has been filed against V.F. Corporation, alleging securities fraud that negatively impacted shareholders between October 27, 2022, and May 20, 2025 [2]. Group 1: Lawsuit Details - The lawsuit claims that V.F. Corporation made materially false and misleading statements regarding its turnaround plans, particularly concerning the Vans brand, which required significant reset actions to return to growth [3]. - The decline in Vans' growth trajectory was highlighted in V.F. Corporation's fiscal 2025 results, showing a drop from an 8% loss in the previous quarter to a 20% loss in the fourth quarter, with expectations of continued decline [4]. Group 2: Stock Impact - Following the disclosure of the disappointing results, V.F. Corporation's stock price fell from $14.43 per share on May 20, 2025, to $12.15 per share on May 21, 2025, marking a decline of approximately 15.8% in one day [4]. Group 3: Next Steps for Shareholders - Shareholders who experienced losses during the specified timeframe are encouraged to seek information about their rights to recovery, with no cost or obligation to participate [5].
Expanded Class Period Notification: V.F. Corporation (VFC) Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
Businesswire· 2025-11-10 23:00
Core Viewpoint - V.F. Corporation (VFC) is facing a class action lawsuit due to significant financial losses and misleading statements regarding the performance of its Vans brand, which has seen a notable decline in revenue growth [2][4]. Financial Performance - VFC reported a 20% loss in the growth trajectory of the Vans brand for the fourth quarter of fiscal 2025, compared to an 8% loss in the previous quarter [2]. - The company anticipates that this decline will continue into the next quarter, attributing the poor results to "deliberately reduced revenue to eliminate unprofitable or unproductive businesses" [2]. Stock Market Reaction - Following the announcement of the financial results, VFC's stock price dropped by $2.28, or 15.8%, closing at $12.15 per share on May 21, 2025, impacting investors negatively [3]. Legal Allegations - The class action lawsuit alleges that VFC made materially false and misleading statements throughout the class period, failing to disclose necessary actions to return the Vans brand to growth and misrepresenting the company's business prospects [4]. - Specifically, the lawsuit claims that VFC did not inform investors about the need for significant reset actions that would affect Vans' revenue growth trajectory [4].
VFC DEADLINE: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages V.F. Corporation Investors to Secure Counsel Before Important November 12 Deadline in Securities Class Action - VFC
Newsfile· 2025-11-10 22:37
Core Viewpoint - V.F. Corporation investors are encouraged to secure legal counsel before the November 12, 2025 deadline for a securities class action lawsuit related to misleading statements about the company's turnaround plans [1][5]. Group 1: Class Action Details - The class action pertains to V.F. Corporation securities purchased between October 30, 2023, and May 20, 2025, with a lead plaintiff deadline set for November 12, 2025 [1][2]. - Investors who purchased securities during the class period may be eligible for compensation without upfront costs through a contingency fee arrangement [2]. - A lawsuit has already been filed, and interested parties can join by contacting the Rosen Law Firm [3][6]. Group 2: Legal Representation - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, as many firms may lack the necessary experience [4]. - The firm has a history of significant settlements, including the largest securities class action settlement against a Chinese company at the time, and has recovered hundreds of millions for investors [4]. Group 3: Allegations Against V.F. Corporation - The lawsuit alleges that V.F. Corporation's management made materially false and misleading statements regarding its turnaround plan, particularly concerning the Vans brand's growth trajectory [5]. - It is claimed that the company concealed the need for additional significant reset actions to achieve growth, which ultimately led to revenue setbacks for the Vans brand [5].
VFC DEADLINE: ROSEN, A TOP RANKED LAW FIRM, Encourages V.F. Corporation Investors to Secure Counsel Before Important November 12 Deadline in Securities Class Action – VFC
Globenewswire· 2025-11-10 22:21
Core Viewpoint - Rosen Law Firm is reminding investors who purchased V.F. Corporation securities during the specified class period of the upcoming lead plaintiff deadline on November 12, 2025 [1] Group 1: Class Action Details - Investors who purchased V.F. Corporation securities between October 30, 2023, and May 20, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has already been filed, and interested parties can join by submitting a form or contacting the law firm [3][6] - The lawsuit alleges that V.F. Corporation's management made materially false and misleading statements regarding the company's turnaround plans, particularly concerning the Vans brand [5] Group 2: Legal Representation - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting its own success in recovering significant amounts for investors [4] - The firm has been recognized for its leadership in securities class action settlements, achieving the largest settlement against a Chinese company at the time and securing over $438 million for investors in 2019 alone [4] Group 3: Case Specifics - The lawsuit claims that V.F. Corporation concealed necessary reset actions that would impact the revenue growth trajectory of the Vans brand, leading to investor damages when the truth was revealed [5]
Deadline Soon: V.F. Corporation (VFC) Shareholders Who Lost Money Urged to Contact The Law Offices of Frank R.
Businesswire· 2025-11-10 19:32
Core Viewpoint - V.F. Corporation (VFC) is facing a securities fraud class action lawsuit due to significant declines in its Vans brand performance, leading to a substantial drop in stock price and investor losses [1][2][3][4]. Financial Performance - VFC reported a 20% loss in the growth trajectory of the Vans brand in Q4 2025, worsening from an 8% loss in the previous quarter [2]. - The company indicated that the decline in performance would persist into the next quarter, attributing it to deliberate revenue reductions aimed at eliminating unprofitable businesses [2]. Lawsuit Details - The class action lawsuit alleges that VFC made materially false and misleading statements regarding its business operations and prospects during the class period from October 27, 2022, to May 20, 2025 [4]. - Specific allegations include the failure to disclose the need for significant reset actions to return the Vans brand to growth, which were not anticipated in prior communications [4]. Stock Impact - Following the announcement of poor financial results, VFC's stock price fell by $2.28, or 15.8%, closing at $12.15 per share on May 21, 2025, resulting in investor injuries [3].
WEDNESDAY DEADLINE: Berger Montague Advises V.F. Corporation (NYSE: VFC) Investors to Inquire About a Securities Fraud Class Action by November 12, 2025
Prnewswire· 2025-11-10 19:11
Core Viewpoint - A class action lawsuit has been filed against V.F. Corporation (VFC) by Berger Montague on behalf of investors who acquired VFC shares between October 30, 2023, and May 20, 2025, alleging misrepresentation regarding the company's business transformation plan and its impact on financial performance [1][3]. Company Overview - V.F. Corporation is a leading global apparel and footwear company based in Denver, Colorado, owning well-known brands such as Vans, The North Face, Timberland, and JanSport [2]. Allegations - The lawsuit claims that VFC misrepresented the scope and progress of its business transformation plan, particularly failing to disclose necessary reset actions to address declining performance at the Vans brand [3]. - It is alleged that these undisclosed actions materially affected the company's financial outlook [3]. Financial Impact - On May 21, 2025, VFC reported a 20% drop in Vans revenue for the fourth quarter, compared to an 8% decline in the previous quarter, attributing the declines to internal restructuring and undisclosed revenue reductions [4]. - VFC acknowledged that even without these measures, Vans would have experienced a high single-digit revenue decline [4]. - Following the announcement, VFC's stock price fell sharply by 15.8%, from $14.43 per share on May 20, 2025, to $12.15 per share on May 21, 2025 [4].
CLASS ACTION DEADLINE APPROACHING: Faruqi & Faruqi, LLP Announces that V.F. Corporation Investors Have Opportunity to Lead Class Action Lawsuit
Newsfile· 2025-11-10 16:46
Core Viewpoint - V.F. Corporation (VFC) is facing a class action lawsuit due to allegations of misleading statements regarding its turnaround plans and the performance of its Vans brand, which has seen a significant decline in revenue growth [6][7]. Group 1: Class Action Details - Faruqi & Faruqi, LLP is investigating potential claims against VFC and has set a deadline of November 12, 2025, for investors to seek the role of lead plaintiff in the class action lawsuit [3]. - Investors who acquired VFC securities between October 27, 2022, and May 20, 2025, are encouraged to discuss their legal rights with the firm [2]. Group 2: Allegations Against VFC - The complaint alleges that VFC and its executives violated federal securities laws by making false or misleading statements about the company's turnaround plans and the necessary actions to restore growth for the Vans brand [6]. - The company reported a significant decline in Vans' growth trajectory, with losses worsening from 8% to 20% in the fourth quarter of fiscal 2025, which was attributed to deliberate revenue reductions [7][8]. Group 3: Market Reaction - Following the disclosure of the poor performance and guidance, VFC's stock price dropped from $14.43 per share on May 20, 2025, to $12.15 per share on May 21, 2025, marking a decline of approximately 15.8% in one day [8].
Securities Fraud Class Action Filed Against V.F. Corporation (VFC) - Levi & Korsinsky Reminds Investors of November 12, 2025
Newsfile· 2025-11-10 13:50
Core Viewpoint - A class action lawsuit has been filed against V.F. Corporation, alleging securities fraud that negatively impacted shareholders between October 30, 2023, and May 20, 2025 [2]. Group 1: Lawsuit Details - The lawsuit claims that V.F. Corporation made materially false and misleading statements regarding its turnaround plans, particularly concerning the Vans brand, which required significant reset actions to return to growth [3]. - The lawsuit highlights that the true state of Vans' revenue growth trajectory was concealed, leading to significant setbacks [3]. Group 2: Financial Impact - On May 21, 2025, V.F. Corporation reported a significant decline in Vans' growth, with losses worsening from an 8% decline in the previous quarter to a 20% decline in the fourth quarter [4]. - The company attributed its disappointing results to deliberate actions taken to eliminate unprofitable businesses, which were previously unannounced, and indicated that even without these actions, Vans would have experienced a "high single digit" revenue decline [4]. - Following the announcement, V.F. Corporation's stock price dropped from $14.43 per share on May 20, 2025, to $12.15 per share on May 21, 2025, marking a decline of approximately 15.8% in one day [4].
VFC DEADLINE: ROSEN, LEADING INVESTOR RIGHTS COUNSEL, Encourages V.F. Corporation Investors to Secure Counsel Before Important November 12 Deadline in Securities Class Action - VFC
Newsfile· 2025-11-09 19:07
Core Viewpoint - Rosen Law Firm is encouraging investors of V.F. Corporation to secure legal counsel before the November 12, 2025 deadline for a securities class action lawsuit related to the company's alleged misleading statements and concealed facts regarding its turnaround plans [2][6]. Group 1: Class Action Details - The class action pertains to V.F. Corporation securities purchased between October 30, 2023, and May 20, 2025, with a lead plaintiff deadline set for November 12, 2025 [2][3]. - Investors who purchased V.F. Corporation securities during the specified period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [3][4]. - A lawsuit has already been filed, and interested parties must act by the deadline to serve as lead plaintiff, representing other class members in the litigation [4][6]. Group 2: Allegations Against V.F. Corporation - The lawsuit claims that V.F. Corporation's management disseminated materially false and misleading statements regarding the company's turnaround plan, particularly concerning the Vans brand [6]. - It is alleged that the company concealed the need for additional significant reset actions to achieve growth for the Vans brand, which would negatively impact its revenue growth trajectory [6]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting its own success in recovering hundreds of millions for investors [5]. - The firm has been recognized for its leadership in securities class action settlements, achieving the largest settlement against a Chinese company at the time and ranking highly in settlement numbers since 2013 [5].