Core Viewpoint - The V.F. Corporation is facing a class action lawsuit due to allegations of misleading investors about its financial health and growth prospects, particularly regarding the Vans brand, leading to significant stock price declines [4][5][10]. Group 1: Lawsuit Details - The class action lawsuit is titled Brenton v. V.F. Corporation, No. 25-cv-02878 (D. Colo.), and it involves investors who purchased V.F. Corporation securities between October 30, 2023, and May 20, 2025 [1]. - Investors have until November 12, 2025, to seek appointment as lead plaintiff in the lawsuit [1]. - The lawsuit alleges that V.F. Corporation and its executives violated the Securities Exchange Act of 1934 by providing false information regarding the company's revenue outlook and growth potential [1][4]. Group 2: Allegations Against V.F. Corporation - The complaint claims that V.F. Corporation misrepresented its growth and cost-cutting measures, particularly regarding the Vans brand, which did not align with actual performance [4]. - On May 21, 2025, V.F. Corporation reported a significant decline in Vans' growth, with losses worsening from 8% to 20% in the fourth quarter, which was attributed to deliberate revenue reductions [5]. - Following the negative report, V.F. Corporation's stock price fell nearly 16%, indicating a strong market reaction to the disclosed information [5]. Group 3: Company Background - V.F. Corporation, along with its subsidiaries, offers a range of branded apparel, footwear, and accessories for various demographics [3]. - Robbins Geller Rudman & Dowd LLP, the law firm handling the case, is recognized for its significant recoveries in securities class action cases, having recovered over $2.5 billion for investors in 2024 alone [8].
VFC INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that V.F. Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit