VF(US:VFC) Prnewswire·2025-10-06 12:45Core Viewpoint - V.F. Corporation (VFC) is facing a class action lawsuit due to allegations of disseminating false and misleading statements regarding its turnaround plans for the Vans brand, which has resulted in significant revenue setbacks [1][2]. Summary by Sections Allegations - The complaint claims that VFC concealed material adverse facts about its turnaround plans, particularly that additional significant reset actions were necessary for Vans to return to growth [1]. - 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% [1]. - VFC attributed its disappointing results to "deliberately reduced revenue" aimed at eliminating unprofitable businesses, and noted that even without these actions, Vans would have experienced a "high single digit" revenue decline [1]. Stock Price Impact - Following the disclosure of the negative results, VFC's stock price dropped from $14.43 to $12.15 per share, marking a decline of approximately 15.8% in one day [1]. Class Action Details - 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, with a deadline for lead plaintiff appointment set for November 12, 2025 [2]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the case lifecycle [2].