Vera Bradley(US:VRA) Prnewswireยท2025-06-17 14:00Core Insights - Vera Bradley is under investigation for potential securities fraud and unlawful business practices involving its officers and directors [1] - The company reported disappointing financial results for Q1 of the 2026 fiscal year, indicating ongoing negative trends in revenue and profitability [2] - Following the announcement of poor financial results, Vera Bradley's stock price dropped by 19.15%, closing at $1.90 per share [3] Financial Performance - Vera Bradley's CEO acknowledged the need for significant improvements to return to positive growth [2] - The company has experienced continued disappointing performance in both top line and profitability metrics over several quarters [2] Leadership Changes - Vera Bradley announced key leadership changes, including the departure of CEO Jackie Ardrey at the end of July [2]