Recent Security Class Actions

VinFast Auto Ltd. Ordinary Shares (NASDAQ: VFS)

37 Days left to seek lead plaintiff status.

Company Name:VinFast Auto Ltd. Ordinary Shares
Stock Symbol:NASDAQ: VFS
Class Period Start:08/15/2023
Class Period End (inclusive):01/17/2024
Filing Deadline:06/11/2024

The Complaint alleges that the Offering Documents were negligently prepared and, as a result, contained untrue statements of material fact or omitted to state other facts necessary to make the statements made not misleading and were not prepared in accordance with the rules and regulations governing their preparation. Additionally, the Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects; specifically, that the Offering Documents and Defendants made false and/or misleading statements and/or failed to disclose that: (i) VinFast lacked sufficient capital to execute its purported growth strategy; (ii) VinFast would be unable to meet its 2023 delivery targets; (iii) accordingly, VinFast had overstated the strength of its business model and operational capabilities, as well as its post-Merger business and/or financial prospects; and (iv) as a result, the Offering Documents and Defendants' public statements throughout the Class Period were materially false and/or misleading and failed to state information required to be stated therein.

VinFast Auto Ltd. Ordinary Shares (NASDAQ: VFS) Claim Form

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