Newsfile·2025-11-10 16:46Core Viewpoint - V.F. Corporation (VFC) is facing a class action lawsuit due to allegations of misleading statements regarding its turnaround plans and the performance of its Vans brand, which has seen a significant decline in revenue growth [6][7]. Group 1: Class Action Details - Faruqi & Faruqi, LLP is investigating potential claims against VFC and has set a deadline of November 12, 2025, for investors to seek the role of lead plaintiff in the class action lawsuit [3]. - Investors who acquired VFC securities between October 27, 2022, and May 20, 2025, are encouraged to discuss their legal rights with the firm [2]. Group 2: Allegations Against VFC - The complaint alleges that VFC and its executives violated federal securities laws by making false or misleading statements about the company's turnaround plans and the necessary actions to restore growth for the Vans brand [6]. - The company reported a significant decline in Vans' growth trajectory, with losses worsening from 8% to 20% in the fourth quarter of fiscal 2025, which was attributed to deliberate revenue reductions [7][8]. Group 3: Market Reaction - Following the disclosure of the poor performance and guidance, 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 [8].