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Press Release
hsmith@howardsmithlaw.comThis lawsuit for anyone who acquired securities in V.F. Corporation (NYSE: VFC) from October 27, 2022 through May 20, 2025.
The lawsuit alleges that the Company and certain of its executives violated federal law. Specifically, the lawsuit alleges that, throughout the time period mentioned above, the Company misled investors regarding its financial condition. More specifically, the lawsuit alleges that the Company misled investors by concealing, among other things, that the Company’s turnaround plans involved significant reset actions to return the Vans brand to growth.
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, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.
The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in V.F. Corporation (NYSE: VFC) from October 27, 2022 through May 20, 2025 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.
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