Core Viewpoint - A class action securities lawsuit has been filed against V.F. Corporation, alleging securities fraud that negatively impacted investors between October 30, 2023, and May 20, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that V.F. Corporation made materially false and misleading statements regarding its turnaround plans for the Vans brand, indicating that significant reset actions were necessary for growth [2]. - The company's fourth quarter and full-year fiscal 2025 results revealed a decline in Vans' growth trajectory, with losses worsening from 8% to 20% in the fourth quarter, and this decline was expected to continue [2]. - Following the disclosure of these results, V.F. Corporation's stock price dropped from $14.43 to $12.15 per share, a decline of approximately 15.8% in one day [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until November 12, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4].
Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of V.F. Corporation(VFC) Shareholders