Press release
Investigation announced for Investors who purchased shares of VinFast Auto Ltd. (NASDAQ: VFS) over possible Violations of Securities Laws
An investigation for investors in VinFast Auto Ltd. (NASDAQ: VFS) shares over potential securities laws violations.
Investors who purchased shares of VinFast Auto Ltd. (NASDAQ: VFS), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of VinFast Auto Ltd. (NASDAQ: VFS) concerning whether a series of statements by VinFast Auto Ltd. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Vietnam based VinFast Auto Ltd., an automotive manufacturer, engages in Automobiles and E-scooter related business in Vietnam and the United States. On August 14, 2023, VinFast Auto Ltd. announced that it had completed its business combination with Black Spade Acquisition Co. Since announcing the completion of the business combination, VinFast's ordinary shares have traded as high as $93.00 per share on August 28, 2023. However, since then shares of VinFast Auto Ltd. (NASDAQ: VFS) declined to as low as $4.59 per share on October 25, 2023.
Those who purchased shares of VinFast Auto Ltd. (NASDAQ: VFS) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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