Levi & Korsinsky Files Class Action Against V.F. Corp Over Vans Growth Claims
Levi & Korsinsky, LLP, renowned for winning high-stakes cases, has filed a class action lawsuit against V.F. Corporation. The lawsuit alleges false statements about the company's turnaround plans, particularly the Vans brand's growth. Investors have until November 12, 2025, to join the suit.
The lawsuit covers the period from October 30, 2023, to May 20, 2025. It claims that V.F. Corporation misled investors about its turnaround prospects, especially regarding Vans' growth. On May 21, 2025, the company's stock price dropped by approximately 15.8% after revealing a significant slowdown in Vans' growth and revising its guidance.
No individuals have been identified as making materially false or misleading statements or concealing negative facts during the relevant period.
Investors who purchased V.F. Corporation stock during the specified time frame can request to be lead plaintiff by November 12, 2025. The lawsuit seeks to recover damages for those affected by the alleged misrepresentations.