Workflow
V.F. Corporation Shareholder Alert: ClaimsFiler Reminds Investors With Losses In Excess Of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuits Against V.F. Corporation.
VFVF(US:VFC) Prnewswireยท2025-10-04 02:33

Core Viewpoint - V.F. Corporation is facing a securities class action lawsuit for failing to disclose material information during the class period from October 30, 2023, to May 20, 2025, which has led to significant financial repercussions for the company [1][3]. Group 1: Lawsuit Details - Investors have until November 12, 2025, to file lead plaintiff applications in the lawsuit against V.F. Corporation [1]. - The lawsuit is pending in the United States District Court for the District of Colorado [1]. - The case is identified as Brenton v. V.F. Corporation, No. 25-cv-02878 [5]. Group 2: Financial Impact - On May 21, 2025, V.F. Corporation reported a significant decline in its Vans brand growth, with losses increasing from 8% in the previous quarter to 20% in the fourth quarter [4]. - Following the announcement of these results, V.F. Corporation's share price dropped from $14.43 to $12.15, marking a decline of approximately 15.8% in one day [5]. Group 3: Company Actions - The decline in the Vans brand's performance is attributed to deliberate actions taken by the company to reduce revenue by eliminating unprofitable or unproductive businesses [4]. - The company indicated that these actions were previously unannounced, contributing to the legal challenges it now faces [4].