VinFast Auto Ltd. f/k/a Black Spade Acquisition Co. Class Action: Levi & Korsinsky Reminds VinFast Auto Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of June 11, 2024 – VFS
NEW YORK, NY / ACCESSWIRE / April 24, 2024 / If you suffered a loss on your VinFast Auto Ltd. f/k/a Black Spade Acquisition Co. (NASDAQ:VFS) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information:
or contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or call (212) 363-7500 to speak to our team of experienced shareholder advocates.
THE LAWSUIT:A class action securities lawsuit was filed against VinFast Auto Ltd. f/k/a Black Spade Acquisition Co. that seeks to recover losses of shareholders who were adversely affected by alleged securities fraud between August 15, 2023 and January 17, 2024.
CASE DETAILS:The filed complaint alleges that defendants made false statements and/or concealed 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.
WHAT 'S NEXT?If you suffered a loss in VinFast Auto stock during the relevant time frame - even if you still hold your shares - go to https://zlk.com/pslra-1/vinfast-auto-ltd-f-k-a-black-spade-acquisition-co-lawsuit-submission-form?prid=76891&wire=1 to learn about your rights to seek a recovery. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY:Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services ' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
https://zlk.com/
SOURCE:Levi & Korsinsky, LLP
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