Shareholder Class Action Lawsuit Filed Against V.F. Corporation
A shareholder class action lawsuit has been filed against V.F. Corporation ("VFC" or the "Company") (NYSE: VFC) alleging that defendants made false and misleading statements regarding the company's turnaround plan, Reinvent. The lawsuit claims that defendants failed to disclose material information about the need for additional significant reset actions to return the Vans brand to growth. This resulted in significant setbacks to Vans' revenue growth trajectory, which were not anticipated or cautioned by defendants.
Key Takeaways:
- The lawsuit alleges that defendants made false and misleading statements about VFC's turnaround plan, Reinvent, specifically regarding the need for additional significant reset actions to return the Vans brand to growth.
- The lawsuit claims that defendants' statements were material to investors and resulted in significant losses for shareholders who purchased VFC stock between October 30, 2023, and May 20, 2025.
- The lawsuit seeks to recover damages for investors who suffered losses as a result of defendants' alleged false and misleading statements.
- Corey Holzer, Esq., of Holzer & Holzer, LLC, is leading the shareholder class action lawsuit against V.F. Corporation.
- Holzer & Holzer, LLC, is a securities litigation law firm that has recovered hundreds of millions of dollars for shareholders victimized by corporate misconduct.
- The deadline to ask the court to be appointed lead plaintiff in the case is November 12, 2025.
Statistics:
- The lawsuit alleges that defendants' false and misleading statements resulted in significant setbacks to Vans' revenue growth trajectory.
- The lawsuit claims that defendants' statements were material to investors and resulted in significant losses for shareholders who purchased VFC stock between October 30, 2023, and May 20, 2025.
- The deadline to ask the court to be appointed lead plaintiff in the case is 30 days after the commencement of the lawsuit.
Sources:
- GlobeNewswire, "Shareholder Class Action Lawsuit Filed Against V.F. Corporation" (October 13, 2025)
- Holzer & Holzer, LLC, (no specific date provided)
- ISS, "Top Rated Securities Litigation Law Firm" (2021, 2022, and 2023)