Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased V.F. Corporation (“VFC” or the “Company”) (NYSE: VFC) securities between October 30, 2023 and May 20, 2025,, inclusive (the “Class Period”). VFC investors have until November 12, 2025 to file a lead plaintiff motion.
IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN V.F. CORPORATION (VFC), CONTACT THE LAW OFFICES OF HOWARD G. SMITH TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.
Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at howardsmith@howardsmithlaw.com, by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com.
What Happened?
On May 21, 2025, VFC released its fourth quarter and full year fiscal 2025 financial results, revealing a significant decline in the growth trajectory of the Vans brand, climbing to a 20% loss in the fourth quarter, compared to an 8% loss in the previous quarter. The Company noted that the decline would continue through the next quarter and stated that the poor results were “a direct effect of deliberately reduced revenue to eliminate unprofitable or unproductive businesses” and “an additional set of deliberate actions” already in-place but previously unannounced.
On this news, VFC’s stock price fell $2.28, or 15.8%, to close at $12.15 per share on May 21, 2025, thereby injuring investors.
What Is The Lawsuit About?
The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) additional significant reset actions would be necessary to return the Vans brand to growth, resulting in significant setbacks to Vans’ revenue growth trajectory which were neither contemplated nor cautioned by Defendants comments on Reinvent or the Vans turnaround progress, specifically; and (2) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
Contact Us To Participate or Learn More:
If you purchased VFC securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
Law Offices of Howard G. Smith,
3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020,
Telephone: (215) 638-4847
Email: howardsmith@howardsmithlaw.com
Visit our website at: www.howardsmithlaw.com.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20250922474815/en/
Contacts
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com