NEW YORK, June 18, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Vera Bradley, Inc. (“Vera Bradley” or the “Company”) (NASDAQ: VRA). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
The investigation concerns whether Vera Bradley and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
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On June 11, 2025, Vera Bradley issued a press release announcing its financial results for the first quarter of its 2026 fiscal year. In the press release, Vera Bradley’s Chief Executive Officer (“CEO”) Jackie Ardrey said that “[o]ur first quarter results were disappointing as top line and profitability trends from the previous several quarters continued,” acknowledging that there is “significant work to be done on many fronts” to return the Company to positive growth. Vera Bradley also announced several key leadership changes, including Ardrey’s departure as CEO at the end of July.
On this news, Vera Bradley’s stock price fell $0.45 per share, or 19.15%, to close at $1.90 per share on June 11, 2025.
The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, London, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.
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CONTACT:
Danielle Peyton
Pomerantz LLP
dpeyton@pomlaw.com
646-581-9980 ext. 7980