Grabar Law Office is investigating claims on behalf of shareholders of V.F. Corp. (NYSE: VFC). The investigation concerns whether certain officers and directors breached the fiduciary duties they owed to the company.

V.F. Corp. is a global apparel, footwear and accessories company. The Company designs, procures, markets and distributes a variety of branded products, including backpacks, luggage and accessories for consumers of all ages. Its products are marketed under VF-owned brand names. Its portfolio of outdoor, active and workwear brands include: The North Face, Vans, Timberland, Dickies, Altra , Smartwool, Icebreaker, Kipling, Napapijri, Eastpak, JanSport, and Timberland PRO. Its segments include Outdoor, Active, and Work. The Outdoor segment is a group of outdoor-based lifestyle brands. Product offerings include performance and performance-inspired outdoor apparel, footwear, equipment and accessories. The Active segment is a group of activity-based lifestyle brands. Product offerings include active apparel, footwear, backpacks, luggage and accessories. The Work segment consists of performance and lifestyle workwear brands with product offerings that include apparel, footwear and accessories.

According to a recently filed securities fraud class action complaint, V.F. Corp. (NYSE: VFC), through certain of its officers, disseminated materially false and misleading statements and/or concealed material adverse facts concerning the true state of V. F. Corp.'s turnaround plans. Specifically, it is alleged that V. F. Corp. announced its "Reinvent" strategy in 2023, to, among other things, attempt to revive the struggling Vans brand. But, almost two years after it announced the plan, V. F. Corp. said Vans had experienced significant growth deceleration and signaled the sales decline would continue in the subsequent quarters. As alleged, the company had told investors it would take time for the initiatives to take full effect, but that it expected to make progress "beginning quickly. “For the next several quarters, V.F. Corp.  stated it was "encouraged" by the progress it was making on its turnaround strategy, and that the benefits of the inventory cleanup actions were starting to positively affect profitability. Then, on May 21, 2025, V.F. Corp. announced Vans was performing below expectations. On that day, V.F. Corp. told investors Vans' overall performance was down 20% year-over-year in the fourth fiscal quarter after being down 8% in the prior quarter, according to the suit. The company attributed the results to low traffic at its stores and websites, and it said that challenges could continue into subsequent quarters.

WHAT YOU CAN DO NOW: If you purchased V.F. Corp. (NYSE: VFC) shares prior to October 30, 2023, and still hold shares today, you are encouraged to contact Joshua Grabar at jgrabar@grabarlaw.com, or call 267-507-6085.  You can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to you whatsoever. Alternatively, if you purchased V.F. Corp. shares between October 30, 2023, to May 20, 2025, inclusive, you can participate in the class action.