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Did you lose money in VFC? Robbins LLP Reminds Stockholders of the Class Action Lawsuit Against V.F.
VFVF(US:VFC) Globenewswireยท2025-09-18 00:13

Core Viewpoint - A class action lawsuit has been filed against V.F. Corporation (VFC) for allegedly misleading investors about the company's business prospects, particularly regarding the Vans brand turnaround efforts [2][4]. Group 1: Allegations and Misleading Information - The complaint alleges that VFC misled investors about its plans to rebuild the Vans brand, including positive results from an inventory reset and new leadership appointments, while concealing the need for further significant reset actions to achieve growth [2]. - Defendants reportedly highlighted sequential revenue growth in the Vans brand but failed to disclose material adverse facts about the true state of VFC's turnaround plans [2]. Group 2: Financial Impact and Stock Performance - On May 21, 2025, VFC reported a decline in Vans' growth trajectory, with losses increasing from 8% in Q3 to 20% in Q4, and projected continued declines [3]. - Following this announcement, VFC's stock price dropped from $14.43 per share on May 20, 2025, to $12.15 per share on May 21, 2025, representing a decrease of approximately 15.8% [3]. Group 3: Class Action Participation - Shareholders interested in participating in the class action must submit their papers by November 12, 2025, to serve as lead plaintiff, representing other class members [4]. - Shareholders can remain absent class members and still be eligible for recovery without participating in the case [4].