A member on another forums (sounds like thedog) had it happen twice. Victory replaced it the first time and I think he traded the bike in after the second time.
If it's still under warranty and they say they won't replace it tell them that you can send it to a seat shop to get it fixed but they'll have to cover shipping and repair.
Retired USAF, IYAAYAS!
2008 V-Star 1100 Custom Bobber project
2011 Crimson XR with Forged Highway Bars / Hard Bags / Passenger Backrest, Ness parts including Smooth Layback Plate Frame/Mount / Rad 3 Mirror / deep cut grips / drivers floorboards /shifter peg / brake peg / passenger pegs. Witchdoctor black rack, Lloydz filter / timing wheel / VFC III, 7Jurock windshield, Drag Specialties seat.