Latest news with #VeraBradley
Malaysian Reserve
13 hours ago
- Business
- Malaysian Reserve
Rosen Law Firm Encourages Vera Bradley, Inc. Investors to Inquire About Securities Class Action Investigation
NEW YORK, June 18, 2025 /PRNewswire/ — Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Vera Bradley, Inc. (NASDAQ: VRA) resulting from allegations that Vera Bradley may have issued materially misleading business information to the investing public. So What: If you purchased Vera Bradley securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses. What to do next: To join the prospective class action, go to or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. What is this about: On June 11, 2025, Vera Bradley announced its financial results for the first quarter of the 2026 fiscal year. Commenting on the results, Vera Bradley's CEO stated that '[o]ur first quarter results were disappointing as top line and profitability trends from the previous several quarters continued.' On this news, the price of Vera Bradley stock fell 19% on June 11, 2025. Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. At the time Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. Follow us for updates on LinkedIn: on Twitter: or on Facebook: Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Laurence Rosen, Kim, Rosen Law Firm, P.A.275 Madison Avenue, 40th FloorNew York, NY 10016Tel: (212) 686-1060Toll Free: (866) 767-3653Fax: (212) 202-3827[email protected]
Business Wire
3 days ago
- Business
- Business Wire
Rosen Law Firm Encourages Vera Bradley, Inc. Investors to Inquire About Securities Class Action Investigation
NEW YORK--(BUSINESS WIRE)--Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Vera Bradley, Inc. (NASDAQ: VRA) resulting from allegations that Vera Bradley may have issued materially misleading business information to the investing public. So What: If you purchased Vera Bradley securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses. What to do next: To join the prospective class action, go to or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@ for information on the class action. What is this about: On June 11, 2025, Vera Bradley announced its financial results for the first quarter of the 2026 fiscal year. Commenting on the results, Vera Bradley's CEO stated that '[o]ur first quarter results were disappointing as top line and profitability trends from the previous several quarters continued.' On this news, the price of Vera Bradley stock fell 19% on June 11, 2025. Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. At the time Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by Law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. Attorney Advertising. Prior results do not guarantee a similar outcome.
Yahoo
5 days ago
- Business
- Yahoo
Lead Independent Director of Vera Bradley Andrew Meslow Buys 3,616% More Shares
Investors who take an interest in Vera Bradley, Inc. (NASDAQ:VRA) should definitely note that the Lead Independent Director, Andrew Meslow, recently paid US$1.88 per share to buy US$475k worth of the stock. That certainly has us anticipating the best, especially since they thusly increased their own holding by 3,616%, potentially signalling some real optimism. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Notably, that recent purchase by Andrew Meslow is the biggest insider purchase of Vera Bradley shares that we've seen in the last year. So it's clear an insider wanted to buy, even at a higher price than the current share price (being US$1.78). Their view may have changed since then, but at least it shows they felt optimistic at the time. In our view, the price an insider pays for shares is very important. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels. While Vera Bradley insiders bought shares during the last year, they didn't sell. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below! View our latest analysis for Vera Bradley Vera Bradley is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket. Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 28% of Vera Bradley shares, worth about US$14m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders. The recent insider purchases are heartening. And an analysis of the transactions over the last year also gives us confidence. But on the other hand, the company made a loss during the last year, which makes us a little cautious. When combined with notable insider ownership, these factors suggest Vera Bradley insiders are well aligned, and that they may think the share price is too low. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. For instance, we've identified 3 warning signs for Vera Bradley (1 is a bit unpleasant) you should be aware of. Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
5 days ago
- Business
- Yahoo
Shuffle Board: Vera Bradley CEO Exits, Lectra Names Deputy CEO
Women's accessories label Vera Bradley announced that chief executive officer Jacqueline Ardrey is stepping down. She joined the company in November 2022 as president and CEO, notably leading the 'Project Restoration' rebrand. She will remain with the company through the end of July to aid in the transition. Chief financial officer Michael Schwindle is also exiting, effective June 30. He will be succeeded by former Coach exec Martin Layding, effective June 12. Ian Bickley will take on the new role of executive chairman, effective July 7. American luxury outdoor clothing company Woolrich has promoted chief financial officer Lorenzo Flamini to CEO. Flamini joined Woolrich in 2017 and succeeds Stefano Saccone, who has served as CEO since 2019. The news comes after the company closed its transaction with Chinese fashion group Baoxiniao. More from Sourcing Journal Shuffle Board: Better Cotton Names Nonprofit Exec Nick Weatherill CEO TextileGenesis and Recover Team on Traceability Pilot Shuffle Board: Infinited Fiber Founder Exits, FDRA Bolsters Board The UK Fashion and Textile Association (UKFT), the largest network for fashion and textiles in the country, announced that Caroline Attwood has joined the board. Attwood is the managing director at Margaret Howell and brings over 30 years of experience in the design and retail sector. Her career spans senior roles at Mulberry, Anya Hindmarch and Ally Capellino in the UK, as well as international experience in the U.S., Australia and Italy. Fabric and textile recycling non-profit organization FabScrap announced that co-founder and creative director Camille Tagle has officially stepped into the role of interim executive director following the departure of founder and CEO Jessica Schreiber. The FabScrap board will be interviewing candidates through the summer and shared hopes to announce a new executive director by the end of 2025. Ohio-based third-party logistics provider ODW Logistics has named Troy Tibbetts as group president. Tibbetts brings more than 20 years of transportation and logistics experience to the role, where he will lead ODW's commercial and operational strategy across contract logistics and transportation management. Tibbetts is the company's fourth group president in its 54-year history. He succeeds Ted Nikolai, who will remain with ODW Logistics in a senior advisory role through the end of the year before joining ODW's board of advisors. Technology solutions company Lectra has named Maximilien Abadie as deputy CEO. In this new role, Abadie will oversee the group's SaaS activities, with a focus on accelerating their development. Abadie joined Lectra in 2012 as project manager to the CEO before being appointed strategic planning analyst in 2013 and then strategy director in 2016. A member of the executive committee since 2019, he has held the position of chief strategy officer and chief product officer since August 2022. Sign in to access your portfolio
Yahoo
7 days ago
- Business
- Yahoo
Vera Bradley gets new CFO amid leadership shakeup
This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter. Fashion and handbag retailer Vera Bradley appointed Coach and Proctor & Gamble alum Martin Layding as its new CFO, effective Thursday, as part of a sweep of executive leadership changes including the departure of the company's CEO, Jacqueline Ardrey, according to a Wednesday press release. Ardrey will remain with the company to ensure an orderly transition until the end of that month. The Fort Wayne-Indiana-based company, which has launched a national search for Ardrey's replacement, appointed another Coach veteran, Ian Bickley, to a newly created position of executive chairman — which is 'expected to be a temporary role during the CEO transition' — effective July 7. The leadership shakeup comes as the fashion brand looks to stem growing losses and shore up declining sales. Vera Bradley on Wednesday also reported a net loss from continuing operations of $18.3 million for its fiscal first quarter ended May 3, compared to a net loss of $7.6 million in the prior year period. Citing its executive and board changes, as well as 'significant uncertainty surrounding the consumer environment,' Vera Bradley also suspended forward guidance 'to allow the new team time to provide input on future strategic and financial expectations,' according to its earnings report. Layding is replacing Michael Schwindle, who stepped down from his position also effective Thursday, according to a company filing with the Securities and Exchange Commission. Schwindle is set to remain as an employee through June 30 to help with a smooth transition, according to the filing. Prior to joining Vera Bradley, Layding most recently served as finance chief for venture-backed edtech company Noodle, according to his LinkedIn profile. His previous experience also includes serving as CFO for print packaging supplier Rohrer Corporation and in various CFO roles for luxury retailer Coach. He began his career at Procter & Gamble. As CFO for the company, Layding, 54, will receive an annual base salary of $475,000, and will be eligible for a short-term incentive award representing 65% of his base, according to the filing. Upon his employment, he will also receive a long-term incentive grant valued at $525,000, and a cash payment of $150,000. Additionally, for the company's fiscal 2026, he will receive a long-term incentive grant valued at $500,000, the company said. Layding has 'a strong track record of driving operational transformation and rapidly scaling businesses in both the public and private domain,' incoming executive chair Bickley said Wednesday during the company's Q1 2026 earnings call, according to a transcript. 'I have previously worked with Marty and look forward to the significant contribution he can make to improving performance and accelerating the pace of change.' The two executives had overlapping tenures at Coach, with Bickley logging a 25-year career at the brand, including an 11-year stint as its president of Coach International beginning in 2006, according to his LinkedIn profile. Layding, meanwhile, joined the company in 2012 as a division vice president, before assuming roles including CFO of its international business group, CFO, North America, and global CFO before departing in 2018. Vera Bradley's reconstituted leadership team will 'focus on refining our strategy while driving operational efficiencies and cost savings to improve profitability and performance,' Bickley said Wednesday during the earnings call. The company's board 'believes we must accelerate our transformation and improve our results,' he said. Separately Robert Hall, the company's current board chair, will step down from his seat to serve as a director, Vera Bradley said; the retailer has also created a new Strategy and Transformation Committee to 'work closely with incoming leadership in shaping the company's strategic direction and future growth initiatives,' according to the Wednesday release. Vera Bradley declined to comment beyond its press release. Recommended Reading UPS CFO set to depart, citing health Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
