Core Viewpoint - V.F. Corporation is facing a class action lawsuit for allegedly misleading investors about its revenue outlook and growth potential, particularly regarding the Vans brand, during the class period from October 30, 2023, to May 20, 2025 [1][3]. Group 1: Lawsuit Details - The class action lawsuit, titled Brenton v. V.F. Corporation, accuses V.F. Corporation and its executives of violating the Securities Exchange Act of 1934 [1]. - Investors who purchased V.F. Corporation securities during the specified class period have until November 12, 2025, to seek appointment as lead plaintiff [1][5]. - The lawsuit claims that V.F. Corporation created a false impression of reliable growth information while downplaying risks associated with seasonality and macroeconomic factors [3]. Group 2: Financial Performance - V.F. Corporation reported a significant decline in the growth trajectory of the Vans brand, with losses worsening from 8% in the previous quarter to 20% in the fourth quarter of fiscal 2025 [4]. - The company attributed its disappointing results to deliberate revenue reductions aimed at eliminating unprofitable segments, but the lawsuit alleges that even without these actions, Vans would have still shown a high single-digit revenue decline [4]. - Following the negative news regarding its financial performance, V.F. Corporation's stock price dropped nearly 16% [4]. Group 3: Legal Representation - Robbins Geller Rudman & Dowd LLP is representing investors in this class action lawsuit, which is one of the leading law firms in securities fraud litigation [6]. - The firm has a strong track record, having recovered over $2.5 billion for investors in 2024 alone, and is recognized for securing significant monetary relief in securities class action cases [6].
VFC INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that V.F. Corporation Investors with Substantial Losses Have Opportunity to Lead the V.F.