June 11, 2024, Marks the Deadline for Investors to Join the Class Action Lawsuit Against VFS - VinFast Auto

Investors who have stakes in VinFast Auto Ltd., previously known as Black Spade Acquisition Co., which operates under the ticker VFS on NASDAQ, are being notified of a class action securities lawsuit by Levi & Korsinsky, LLP. The lawsuit alleges certain undisclosed improprieties regarding the company's business operations, financial statements, and prospects, which may have impacted investor decisions.

Background on VinFast Auto Ltd.

VinFast Auto Ltd. is an emerging player in the automotive industry, specializing in the manufacture of automobiles and e-scooters with business operations spanning Vietnam and the United States. The company aims to become a significant force in the automotive sector by focusing on innovation and customer satisfaction. Under the ticker VFS, VinFast Auto attempts to establish a robust presence in the international market.

Details of the Class Action Lawsuit

The lawsuit filed by Levi & Korsinsky pursues claims on behalf of investors who have incurred losses due to alleged deceptive trade practices by VinFast Auto. Investors seeking to participate in the lawsuit must contact Levi & Korsinsky before the deadline of June 11, 2024. The outcome of this legal action could have noteworthy implications for both the plaintiff investors and VinFast Auto Ltd. The legal proceedings intend to bring to light the truth behind the company's dealings and restore investor trust.

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