VF(US:VFC) Prnewswireยท2025-10-29 22:06Core Points - A class action lawsuit has been filed against V.F. Corporation (VFC) by Berger Montague on behalf of investors who purchased shares between October 30, 2023, and May 20, 2025 [1][2] - The lawsuit claims that VFC misled investors regarding the effectiveness of its turnaround plan, particularly for the Vans brand, failing to disclose necessary restructuring steps that were already in progress [3][4] - Following a report of a 20% decline in Vans revenue for Q4 fiscal 2025, VFC's stock price dropped over 15% in a single day, indicating significant investor concern [4] Company Overview - V.F. Corporation, headquartered in Denver, Colorado, is a global leader in branded lifestyle apparel, footwear, and accessories, owning well-known brands such as Vans, The North Face, Timberland, and JanSport [2] Financial Performance - In Q4 fiscal 2025, Vans revenue declined by 20%, worsening from an 8% decline in the previous quarter, attributed to undisclosed internal cost-cutting and restructuring actions [4] - VFC indicated that even without these restructuring measures, Vans would have experienced a high single-digit revenue decline, raising concerns about deeper issues within the brand [4]