VF(US:VFC) Globenewswire·2025-11-03 22:10Core Viewpoint - A class action lawsuit has been filed against V.F. Corporation (VFC) for allegedly making materially false and misleading statements regarding its turnaround plans and the Vans brand's revenue growth trajectory [3][7]. Allegation Details - The lawsuit claims that VFC's management provided overly positive statements about the company's turnaround plans while failing to disclose significant adverse facts [3]. - It is alleged that VFC did not inform investors that additional reset actions were necessary for the Vans brand to return to growth, which would lead to substantial setbacks in revenue growth [3]. - The setbacks mentioned were not anticipated or cautioned in VFC's public commentary regarding the Reinvent initiative or the Vans turnaround progress [3]. - As a result, the statements made by VFC about its business, operations, and prospects were materially false and misleading, leading to shareholders purchasing VFC's securities at artificially inflated prices [3]. Next Steps - Investors who purchased VFC shares during the class period (October 30, 2023, to May 20, 2025) and suffered losses are encouraged to contact the law firm for more information and to discuss their legal rights [4][7]. - The deadline for investors to apply to be appointed as lead plaintiff in the lawsuit is November 11, 2025 [7].