VF(US:VFC) Globenewswire·2025-10-13 20:00Core Viewpoint - 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, which has resulted in significant revenue setbacks [3][4]. Summary by Sections Allegations - The complaint alleges that VFC concealed material adverse facts about the true state of its turnaround plans, particularly for the Vans brand, indicating that additional significant reset actions were necessary for growth [3]. - Following the release of VFC's fiscal 2025 results on May 21, 2025, it was revealed that Vans' revenue growth trajectory had declined sharply, with losses increasing from 8% to 20% in the fourth quarter [3]. Financial Impact - VFC's stock price experienced a dramatic decline of approximately 15.8%, dropping from $14.43 per share on May 20, 2025, to $12.15 per share on May 21, 2025, following the disclosure of the company's financial results [3]. Next Steps for Shareholders - 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 by November 12, 2025, to potentially become lead plaintiffs [4]. - Registered shareholders will be enrolled in a portfolio monitoring system to receive updates throughout the case lifecycle [4].