VF Corp. Faces Shareholder Suit
VFC was hit with a proposed shareholder class action suit filed in CO district court—also naming president and CEO Darrell Bracken, former CFO Matthew Puckett, and current EVP and CFO Paul Vogel. According to the suit, the defendants misled investors by concealing the actual state of VF’s turnaround, particularly at Vans, and failed to disclose critical setbacks, resulting in artificially inflated stock ... Log in to view full article.
