VF(US:VFC) Prnewswire·2025-09-29 12:45Core Insights - V.F. Corporation (NYSE: VFC) is facing a class action lawsuit due to allegations of disseminating materially false and misleading statements regarding its turnaround plans for the Vans brand [2][3] - The lawsuit claims that significant reset actions were necessary to return Vans to growth, which was not disclosed to shareholders [2] - Following the release of disappointing financial results on May 21, 2025, VFC's stock price dropped approximately 15.8% in one day, from $14.43 to $12.15 per share [2] Allegations and Financial Impact - The complaint alleges that VFC concealed material adverse facts about the true state of its turnaround plans, particularly for the Vans brand [2] - VFC reported a decline in Vans' growth trajectory, with losses worsening from 8% to 20% in the fourth quarter of fiscal 2025 [2] - The company attributed its poor performance to deliberate actions taken to eliminate unprofitable businesses, which were previously unannounced [2] Shareholder Actions - Shareholders who purchased VFC shares during the class period from October 30, 2023, to May 20, 2025, are encouraged to register for the class action [3] - The deadline for shareholders to seek lead plaintiff status is November 12, 2025, and there is no cost to participate [3] - Registered shareholders will receive updates through a portfolio monitoring software throughout the case lifecycle [3]