Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against V.F. Corporation (VFC) for alleged violations of federal securities laws, encouraging affected investors to discuss their legal options before the November 12, 2025 deadline for lead plaintiff applications [1][3]. Group 1: Allegations Against VFC - The complaint alleges that VFC and its executives made false or misleading statements regarding the company's turnaround plans, particularly concerning the Vans brand, which required significant reset actions to return to growth [3]. - The misleading statements led investors to purchase VFC securities at artificially inflated prices, resulting in financial losses when the truth was revealed [3]. Group 2: Financial Impact and Stock Performance - On May 21, 2025, VFC reported a significant decline in Vans' growth trajectory, with losses worsening from 8% in the previous quarter to 20% in the fourth quarter, indicating ongoing challenges [4]. - Following the announcement, VFC's stock price dropped from $14.43 per share on May 20, 2025, to $12.15 per share on May 21, 2025, marking a decline of approximately 15.8% in one day [4]. Group 3: Legal Proceedings - The lead plaintiff in the class action will be the investor with the largest financial interest who is typical of class members, directing the litigation on behalf of the class [5]. - Any member of the putative class can apply to serve as lead plaintiff or remain an absent class member without affecting their ability to share in any recovery [5]. Group 4: Call for Information - Faruqi & Faruqi encourages anyone with information regarding VFC's conduct, including whistleblowers and former employees, to contact the firm [6].
VFC SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Announces that V.F. Corporation Investors Have Opportunity to Lead Class Action Lawsuit