Law firm probes Victoria’s Secret for possible securities fraud after earnings miss and stock drop

Pomerantz LLP is investigating Victoria’s Secret following its 2025 Q4 earnings report that showed a 4.7% drop in net income and a $116.9 million impairment charge related to its Adore Me acquisition. The company also announced a strategic review of its DailyLook service. After these disclosures, Victoria’s Secret’s stock fell over 22% in two days. The investigation will examine whether the company and its executives engaged in securities fraud or other unlawful practices.