VinFast Auto Ltd. f/k/a Black Spade Acquisition Co. Class Action Lawsuit - VFS

Company
VinFast Auto Ltd. f/k/a Black Spade Acquisition Co. (NASDAQ: VFS)
Lead Plaintiff Deadline
June 11, 2024 (Expired)
Class Period
August 15, 2023 - January 17, 2024

Expired

Lead Plaintiff Deadline

Jun 11, 2024

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Allegations

The filed complaint alleges that VinFast Auto Ltd. f/k/a Black Spade Acquisition Co. made materially 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.

Eligibility

In order to be eligible to join the VFS class action lawsuit, you must have incurred a loss on shares of VinFast Auto Ltd. f/k/a Black Spade Acquisition Co. purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in VinFast Auto Ltd. f/k/a Black Spade Acquisition Co. during the relevant time frame or pursuant to the relevant offering(s), you have until June 11, 2024 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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