VinFast Auto Ltd. Involved in Securities Fraud Class Action Lawsuit: Key Details for VFS Investors

Investors in VinFast Auto Ltd., formerly known as Black Spade Acquisition Co., and currently trading under the ticker symbol VFS, are being alerted to the news of a class action lawsuit alleging securities fraud. This legal development is significant for those holding investments in the company, which is known for its operations in the automotive and e-scooter sectors both in Vietnam and the United States.

VinFast Auto Ltd. Faces Legal Challenges

The suit contends that VinFast Auto may have provided misleading information or failed to disclose pertinent details affecting the value of its securities. Investors affected by such actions are encouraged to be proactive in protecting their rights and interests by contacting legal representatives. Levi & Korsinsky, LLP, a firm representing shareholders in such disputes, has put out a call to those who have invested in VinFast Auto's securities to come forward before a set deadline.

Important Notice for Shareholders

Shareholders are notified by Levi & Korsinsky, LLP to assess the impact of the lawsuit on their investment and to connect with the firm if necessary. Given the gravity of the situation, especially for those heavily vested in VFS, shareholders should consider the June 11, 2024 deadline as a crucial date to act by. With a base in New York and an announcement made on May 10, 2024, there is ample time for investors to contact the firm and discuss their legal options in this class action lawsuit against VinFast Auto Ltd.

VinFast, Lawsuit, Investment