V.F. Corporation Securities Class Action Investigation
A securities class action has been filed against V.F. Corporation ("VFC" or the "Company") (NYSE: VFC) alleging that the company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose the true state of the company's turnaround plans. The complaint alleges that the company's executives deliberately reduced revenue to eliminate unprofitable or unproductive businesses, resulting in a significant decline in the company's growth trajectory. As a result, investors suffered losses in VFC's common stock, which declined dramatically after the company's revelation on May 21, 2025.
Key Takeaways:
- The complaint alleges that V.F. Corporation and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose the true state of the company's turnaround plans.
- The company's executives deliberately reduced revenue to eliminate unprofitable or unproductive businesses, resulting in a significant decline in the company's growth trajectory.
- The complaint claims that investors suffered losses in VFC's common stock after the company's revelation on May 21, 2025, when the price of VFC's common stock declined from $14.43 per share to $12.15 per share.
- The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class.
- Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member.
- Faruqi & Faruqi, LLP is investigating potential claims against V.F. Corporation and reminds investors of the November 12, 2025 deadline to seek the role of lead plaintiff in the federal securities class action.
Statistics:
- The price of VFC's common stock declined dramatically from $14.43 per share on May 20, 2025, to $12.15 per share on May 21, 2025, a decline of about 15.8% in the span of just a single day.
- The company reported a significant decline in Vans' growth trajectory, with a 20% loss in the fourth quarter, compared to an 8% loss the quarter before.
- VFC attributed its results and below-expectation guidance largely as "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.
- The court-appointed lead plaintiff has the largest financial interest in the relief sought by the class.
Sources:
- Newsfile Corp. - October 19, 2025
- Faruqi & Faruqi, LLP - www.faruqilaw.com
- V.F. Corporation - NYSE: VFC