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VFC NOTICE: V.F. Corporation Investors Urged to Contact Kirby McInerney LLP About Securities Fraud Lawsuit
Businesswire· 2025-10-16 22:00
Core Points - V.F. Corporation (VFC) is facing a class action lawsuit for investors who acquired its securities between October 30, 2023, and May 20, 2025, with a deadline for lead plaintiff appointment set for November 12, 2025 [1] Group 1 - The law firm Kirby McInerney LLP is reminding investors about the class action lawsuit [1] - The lawsuit pertains to VFC's reported financial performance, specifically its fourth quarter results announced on May 21, 2025 [1]
INVESTOR REMINDER: Berger Montague Notifies V.F. Corporation (NYSE: VFC) Investors of a Class Action Lawsuit and Deadline
Prnewswire· 2025-10-16 21:06
Core Viewpoint - A class action lawsuit has been filed against V.F. Corporation (VFC) by Berger Montague on behalf of investors who purchased shares between October 30, 2023, and May 20, 2025, alleging that the company misled investors regarding its turnaround plan for the Vans brand [1][3]. Company Overview - V.F. Corporation, headquartered in Denver, Colorado, is a global leader in branded lifestyle apparel, footwear, and accessories, owning well-known brands such as Vans, The North Face, Timberland, and JanSport [2]. Allegations - The lawsuit claims that VFC failed to disclose necessary additional restructuring steps for Vans, which were already in progress and negatively affecting revenue, contradicting earlier public statements [3]. - On May 21, 2025, VFC reported a 20% decline in Vans revenue for the fourth quarter of fiscal 2025, worsening from an 8% decline in the previous quarter, attributed to undisclosed internal cost-cutting and restructuring actions [4]. Financial Impact - Following the revenue announcement, VFC's stock price dropped from $14.43 per share on May 20, 2025, to $12.15 per share on May 21, representing a decline of over 15% [4].
Class Action Filed Against V.F. Corporation (VFC) - November 12, 2025 Deadline to Join – Contact The Gross Law Firm
Globenewswire· 2025-10-16 20:00
Core Viewpoint - V.F. Corporation (NYSE: VFC) is facing a class action lawsuit due to allegations of disseminating materially false and misleading statements regarding its turnaround plans for the Vans brand, which has resulted in significant revenue setbacks [3][4]. Summary by Sections Class Period and Allegations - The class period for the lawsuit is from October 30, 2023, to May 20, 2025 [3]. - Allegations include that VFC concealed material adverse facts about the necessity for additional significant reset actions to return the Vans brand to growth, leading to a decline in revenue growth trajectory [3]. Financial Impact - VFC reported a significant decline in Vans' growth trajectory, with losses worsening from an 8% loss in the previous quarter to a 20% loss in the fourth quarter of fiscal 2025 [3]. - The company attributed its disappointing results and below-expectation guidance to "deliberately reduced revenue to eliminate unprofitable or unproductive businesses" and other unannounced actions [3]. - Even without these deliberate actions, Vans would have shown a "high single digit" revenue decline, indicating a slowdown in growth compared to prior years [3]. - Following the announcement, 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 [3]. Next Steps for Shareholders - Shareholders who purchased VFC shares during the specified timeframe are encouraged to register for the class action, with a deadline of November 12, 2025, to seek lead plaintiff status [4]. - Registered shareholders will be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle [4]. Law Firm Information - The Gross Law Firm is leading the class action, focusing on protecting investors' rights against deceit and fraud [5].
Faruqi & Faruqi Reminds V.F. Corporation Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of November 12, 2025 - VFC
Globenewswire· 2025-10-16 18:03
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against V.F. Corporation (VFC) due to allegations of misleading statements regarding the company's turnaround plans and the performance of its Vans brand, which has seen a significant decline in revenue growth [3][5][6]. Group 1: Legal Investigation and Class Action - Faruqi & Faruqi is reminding investors of the November 12, 2025 deadline to seek the role of lead plaintiff in a federal securities class action against VFC [3]. - The complaint alleges that VFC and its executives violated federal securities laws by making false statements and failing to disclose necessary actions for the Vans brand's growth [5]. - The firm encourages investors who suffered losses in VFC to contact them directly to discuss their legal options [1][8]. Group 2: Financial Performance and Market Reaction - VFC reported a significant decline in Vans' growth trajectory, with losses worsening from 8% to 20% in the fourth quarter of fiscal 2025 [6]. - Following the disclosure of these results, VFC's stock price dropped from $14.43 to $12.15 per share, a decline of approximately 15.8% in one day [6]. - The company attributed its poor performance to deliberate actions taken to eliminate unprofitable businesses, which were previously unannounced [6].
官方通报蔡国强烟花秀调查情况,始祖鸟回复:会依法承担责任
Xin Jing Bao· 2025-10-15 11:12
Core Viewpoint - The brand "始祖鸟" (Arc'teryx) will bear legal responsibilities for ecological damage and restoration due to its sponsorship of the fireworks event in the Himalayas, as confirmed by the official report [1]. Summary by Relevant Sections Event Details - The fireworks were launched at an altitude between 4,670 meters and 5,020 meters, affecting an area of 30.06 hectares [1]. - A total of 1,050 fireworks were set off, lasting approximately 52 seconds [1]. Environmental Impact - The event caused damage to the soil and grass layer structure due to leveling operations, foot traffic, and vehicle tracks, with a damaged area of 15.29 acres [1]. - Incomplete cleanup of fireworks residues and plastic debris was reported [1]. - The sudden bright light and loud noise from the fireworks disturbed local wildlife temporarily [1]. Legal and Remedial Actions - The city of Shigatse has commissioned an ecological damage assessment to determine compensation responsibilities [1]. - Legal accountability will be pursued against the Beijing Cai Guoqiang Art Studio for ecological damage and restoration [1]. - Long-term monitoring and follow-up assessments will be conducted by relevant departments in Shigatse [1].
ROSEN, REGARDED INVESTOR COUNSEL, Encourages V.F. Corporation Investors to Secure Counsel Before Important Deadline in Securities Fraud Lawsuit – VFC
Globenewswire· 2025-10-13 23:07
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 bought V.F. Corporation securities between October 30, 2023, and May 20, 2025, may be eligible for 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 contacting the law firm [3][6] - The lawsuit alleges that V.F. Corporation's management provided misleading information 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 [4] - The firm has achieved significant settlements in the past, including over $438 million for investors in 2019, and has been consistently ranked among the top firms in securities class action settlements [4] Group 3: Case Specifics - The lawsuit claims that V.F. Corporation's management concealed necessary actions that would impact the revenue growth trajectory of the Vans brand, leading to investor damages when the truth was revealed [5]
The Gross Law Firm Notifies V.F. Corporation Investors of a Class Action Lawsuit and Upcoming Deadline – VFC
Globenewswire· 2025-10-13 20:00
Core Viewpoint - V.F. Corporation (NYSE: VFC) is facing a class action lawsuit due to allegations of disseminating materially false and misleading statements regarding its turnaround plans for the Vans brand, which has resulted in significant revenue setbacks [3][4]. Summary by Sections Allegations - The complaint alleges that VFC concealed material adverse facts about the true state of its turnaround plans, particularly for the Vans brand, indicating that additional significant reset actions were necessary for growth [3]. - Following the release of VFC's fiscal 2025 results on May 21, 2025, it was revealed that Vans' revenue growth trajectory had declined sharply, with losses increasing from 8% to 20% in the fourth quarter [3]. Financial Impact - VFC's stock price experienced a dramatic decline of approximately 15.8%, dropping from $14.43 per share on May 20, 2025, to $12.15 per share on May 21, 2025, following the disclosure of the company's financial results [3]. Next Steps for Shareholders - Shareholders who purchased VFC shares during the class period from October 30, 2023, to May 20, 2025, are encouraged to register for the class action by November 12, 2025, to potentially become lead plaintiffs [4]. - Registered shareholders will be enrolled in a portfolio monitoring system to receive updates throughout the case lifecycle [4].
ROSEN, NATIONAL TRIAL ATTORNEYS, Encourages V.F. Corporation Investors to Secure Counsel Before Important Deadline in Securities Fraud Lawsuit – VFC
Globenewswire· 2025-10-10 20:31
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 provided misleading information regarding the company's turnaround plans, particularly concerning the Vans brand [5] Group 2: Legal Representation - Investors are encouraged to select qualified legal counsel with a proven track record in securities class actions, as many firms may lack the necessary experience [4] - The Rosen Law Firm has a history of successful 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: Case Specifics - The lawsuit claims that V.F. Corporation's management concealed the need for significant reset actions to return the Vans brand to growth, which negatively impacted revenue growth [5]
Comparing VF Corp's Two Unusually Active Options: Which Is Preferable?
Yahoo Finance· 2025-10-10 17:30
Core Viewpoint - VF Corp. is facing significant challenges with its Vans brand, which has seen a notable decline in sales, prompting a turnaround plan that is not progressing well [1][3]. Company Performance - Since the appointment of Bracken Darrell as CEO on June 20, 2023, VF Corp.'s stock has decreased by 24%, and it has experienced an 86% decline from its all-time high in 2020 [4]. - The company's share price dropped by 15.8% on May 21, coinciding with the release of its Q4 2025 results, which may have triggered potential class action lawsuits from investors [3][4]. Options Activity - VF Corp. exhibited unusual options activity, with two options having volume-to-open-interest ratios of 1.24 or higher, indicating interest from both bullish and bearish investors regarding the company's current situation [4]. Leadership Insights - The hiring of Bracken Darrell was initially viewed positively due to his successful turnaround experience at Logitech, where he delivered substantial shareholder returns [6]. - Comparisons have been made between Darrell's hiring and Hubert Joly's recruitment at Best Buy, suggesting that Darrell has the potential to implement bold strategies to revitalize VF Corp. [7].
V.F. Corporation Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before November 12, 2025 to Discuss Your Rights - VFC
Prnewswire· 2025-10-10 13:00
Core Viewpoint - V.F. Corporation is facing a class action securities lawsuit due to alleged securities fraud that affected investors between October 30, 2023, and May 20, 2025 [1] 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] - On May 21, 2025, V.F. Corporation reported a significant decline in Vans' growth trajectory, with losses worsening from an 8% decline in the previous quarter to a 20% decline in the fourth quarter [2] - The company attributed its disappointing results and below-expectation guidance to deliberate revenue reductions aimed at eliminating unprofitable businesses, indicating that even without these actions, Vans would have experienced a "high single digit" revenue decline [2] Group 2: Stock Price Impact - Following the negative news on May 21, 2025, V.F. Corporation's stock price dropped from $14.43 per share to $12.15 per share, marking a decline of approximately 15.8% in one day [2] Group 3: Next Steps for Investors - Investors who suffered losses during the relevant timeframe have until November 12, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require serving as lead plaintiff [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Group 4: Firm Background - Levi & Korsinsky 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 United States [4]