Opportunity for VinFast Auto Ltd. Investors with Significant Losses to Lead Class Action Lawsuit

On June 8, 2024, the law firm Robbins Geller Rudman & Dowd LLP publicized a notice to investors who have incurred substantial financial losses from their investments in VinFast Auto Ltd. VFS. The firm has opened the opportunity for eligible investors to potentially lead a class action lawsuit against the automaker.

Announcement Details

The notice specifically addresses those who purchased or acquired securities of VinFast Auto Ltd. VFS, a company known for its automotive and e-scooter manufacturing ventures in Vietnam and the United States. To be eligible, investors must have acquired these securities during the period from August 15, 2023, to January 17, 2024, which Robbins Geller designates as the 'Class Period.'

Eligibility and Deadlines

Investors who have experienced a significant loss and meet the set conditions can seek to play a principal role in the lawsuit by contacting the law firm ahead of the upcoming deadline. This lawsuit could provide them the ability to influence the legal strategy and any potential recovery on behalf of the class. Interested parties are urged to take action swiftly to ensure their eligibility by considering the securities law firm's deadline.

Legal Recourse for Investors

Robbins Geller’s announcement provides a pathway for aggrieved investors to join together in seeking redress for potential securities violations. By leading the class action, investors have the chance to represent the interests of other shareholders who have similarly suffered losses during the alleged timeframe.

About VinFast Auto Ltd.

VinFast Auto Ltd. VFS operates in the auto industry, manufacturing automobiles and electric scooters. The company has ventured into both the Vietnamese market and has extended its business into the competitive U.S. automotive sector. Its performance and conduct as a publicly-traded entity are at the center of this class action consideration.

lawsuit, deadline, securities