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: Allegations and Financial Performance - The lawsuit claims that V.F. Corporation and its executives created a false impression of reliable revenue projections while downplaying risks from seasonality and macroeconomic factors [3]. - V.F. Corporation reported a significant decline in Vans' growth, with losses worsening from 8% in the previous quarter to 20% in the fourth quarter of fiscal 2025, and this decline was expected to continue [4]. - The company attributed its disappointing results to deliberate revenue reductions aimed at eliminating unprofitable businesses, suggesting that even without these actions, Vans would still experience a high single-digit revenue decline [4]. Group 2: Legal Process and Representation - Investors who purchased V.F. Corporation securities during the class period can seek to be appointed as lead plaintiff in the class action lawsuit, representing the interests of all class members [5]. - The lead plaintiff has the authority to select a law firm to litigate the case, and participation as lead plaintiff is not a prerequisite for sharing in any potential recovery [5]. Group 3: Law Firm Background - Robbins Geller Rudman & Dowd LLP is a prominent law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [6]. - The firm has been recognized for its significant recoveries in securities class action cases, including the largest recovery in history of $7.2 billion in the Enron case [6].
VFC INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that V.F. Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit