Ongoing Class Action Lawsuit Against V.F. Corporation: What Investors Need to Know
Ongoing Class Action Lawsuit Against V.F. Corporation
A significant class action lawsuit is currently in progress against V.F. Corporation, also known by its ticker symbol VFC on the New York Stock Exchange. Investors who have been impacted by the alleged securities fraud between October 30, 2023, and May 20, 2025, are being urged to take action.
Details of the Lawsuit
The legal proceedings are spearheaded by the law firm Levi & Korsinsky, LLP, which has been at the forefront of shareholder advocacy. The firm is notifying investors that they may be eligible for compensation related to losses incurred due to misleading statements and undisclosed adverse facts concerning V.F. Corporation's business turnaround strategies.
According to the complaint, the defendants are accused of disseminating materially false information, which led investors to erroneously believe that VFC's turnaround plan was on track. However, it appears significant additional actions were required to restore the Vans brand, a subsidiary of V.F. Corporation, to profitability.
The situation took a downturn when VFC released their fourth-quarter financial results on May 21, 2025. These results revealed a stark decline in the brand's revenue growth trajectory, moving from an 8% loss in the previous quarter to a shocking 20% loss. The company's management attributed this decline to deliberate revenue reductions to eliminate unprofitable operations. This critical information, which had previously gone unannounced, severely impacted investor sentiment, leading to a swift drop in the company's stock price. Specifically, VFC shares plummeted approximately 15.8% in one day, from $14.43 to $12.15 per share.
What Investors Should Do Now
Investors in V.F. Corporation should pay close attention to the developments of this ongoing lawsuit. Those who believe they suffered losses during the specified period must act quickly, as the deadline to seek appointment as lead plaintiff is set for November 12, 2025. Participating in the class action does not require investors to serve as a lead plaintiff, and there is no cost associated with joining the lawsuit.
If you find yourself in this situation, you can reach out to Levi & Korsinsky’s Joseph E. Levi, Esq. via phone or email for more information on how to proceed. The firm prides itself on its substantial track record of securing favorable outcomes for investors in similar cases, having recovered hundreds of millions in losses over the last two decades.
Why Choose Levi & Korsinsky?
Selecting the right legal representation is crucial for those affected by securities fraud. Levi & Korsinsky boasts more than 70 professionals dedicated to serving clients' needs in complex securities litigation. For seven consecutive years, the firm has been recognized among the top 50 securities litigation firms in the U.S. by ISS Securities Class Action Services. This strong reputation in the legal community underscores their commitment to advocating for irate shareholders against corporate misdeeds.
If you or someone you know has been affected by this troubling situation at V.F. Corporation, do not miss this opportunity to reclaim potential losses. You deserve to be informed about your rights and the avenues available for recourse. Levi & Korsinsky is ready to assist in navigating this complex legal landscape.
Conclusion
In summary, V.F. Corporation's ongoing class action lawsuit represents a critical issue for affected investors. The allegations of securities fraud could have far-reaching consequences for the company's reputation and stock value. If you believe your investments have been compromised due to misleading information from VFC, now is the time to act and seek guidance from a qualified legal team.
For further details on the case or to inquire about participation, you can reach out to Levi & Korsinsky, LLP, located at 33 Whitehall Street, 17th Floor, New York, NY, or contact them at (212) 363-7500. Don't let your investment rights go unprotected.