Investigation Alert for Microvast, Inc.: Shareholder Notice on Potential Claims

SAN DIEGO, Feb. 22, 2024 - The law firm Johnson Fistel, LLP is actively investigating potential claims against certain officers and directors of Microvast Holdings, Inc. MVST on behalf of long-term shareholders. This inquiry stems from allegations that may affect shareholder value and pertains to individuals who have held shares continuously since before October 19, 2022.

Scope of the Investigation

The primary focus of the investigation is to determine whether any misconduct by the company's executives or board members has occurred, leading to financial losses for shareholders. Johnson Fistel, LLP is calling upon Microvast Holdings, Inc. investors who meet this criteria to come forward with their information as part of the collective effort to hold responsible parties accountable.

Actions for Shareholders

Investors who have maintained an ongoing investment in MVST since the specified date are encouraged to submit their details to Johnson Fistel, LLP. The firm is reviewing potential breaches of fiduciary duty and other violations of law. Shareholders who respond will contribute to the evidence pool that may shape the course of any subsequent legal action.

Other Companies Under Scrutiny

It's worth noting that Microvast is not alone in this scenario; other companies, such as Spirit AeroSystems Hldgs SRGRF, are also under similar investigations. Johnson Fistel's approach is part of a broader strategy to protect investor interests in various sectors of the market.

Investigation, Microvast, Shareholder