#United States #Class Action #Los Angeles #Securities Fraud #VF Corporation

Opportunity for V.F. Corporation Shareholders to Lead Securities Fraud Lawsuit

On October 24, 2023, Glancy Prongay & Murray LLP issued a significant announcement regarding the shareholders of V.F. Corporation (NYSE: VFC). It reveals that individuals who experienced financial losses from their investments in V.F. Corporation now have the chance to take the lead on a class action lawsuit concerning allegations of securities fraud. The deadline for potential lead plaintiffs is November 12, 2025.

Background of the Lawsuit

The lawsuit arises from claims that the company misled investors regarding its business operations and financial prospects between October 30, 2023, and May 20, 2025. Allegedly, the corporate defendants did not disclose critical information indicating that substantial operational resets were needed to rejuvenate the Vans brand, part of V.F. Corporation's portfolio. These failures had a direct impact on the company's revenue growth potential, which was not hinted at in public statements made by the defendants.

Definition of Securities Fraud

Securities fraud involves deceptive practices in the stock or commodities markets. This can include providing false information, insider trading, or not disclosing important financial information that would affect an investor's decisions. In the case of V.F. Corporation, the crucial allegation is that the company presented an overly optimistic picture of its business trajectory, which was not substantiated by reality.

Leading the Class Action

Investors who lost money during this period are invited to participate in this class action and potentially act as lead plaintiffs. Being a lead plaintiff means that an investor can help oversee the case and represent the interests of all affected shareholders. It's essential for potential participants to act quickly given the impending deadlines.

How to Participate

To take part in this legal action or obtain further information, interested shareholders can reach out to Glancy Prongay & Murray LLP. They can provide guidance on the necessary steps to join the lawsuit, including submitting details regarding the number of shares held and their investment dates. Potential plaintiffs can choose whether to hire their own legal representation or rely on the legal team of Glancy Prongay & Murray LLP.

Conclusion

Being a shareholder in V.F. Corporation during the specified timeframe offers a unique opportunity to support a significant legal action that may not only provide restitution for losses but also help ensure corporate accountability for misleading statements. This lawsuit serves as a critical reminder for investors to scrutinize the information provided by companies, as the consequences can be immense.

For further inquiries or to discuss participation in the class action, shareholders can contact:
Charles Linehan, Esq.
Glancy Prongay & Murray LLP
1925 Century Park East, Suite 2100
Los Angeles, California 90067
Email: [email protected]
Phone: 310-201-9150 (Toll-Free: 888-773-9224)
Visit: www.glancylaw.com

As the November deadline approaches, affected shareholders are urged to act quickly to secure their role in this potentially impactful lawsuit, aiming to hold V.F. Corporation accountable for its alleged misstatements and ensure justice for harmed investors.