VinFast Auto Ltd. Shareholders Alerted to Class Action Lawsuit and Approaching Deadline

NEW YORK, May 28, 2024 - Shareholders of VinFast Auto Ltd., formerly known as Black Spade Acquisition Co., are being notified by The Gross Law Firm of a pending class action lawsuit. The firm is reaching out to investors who have purchased shares of VinFast Auto Ltd. (NASDAQ: VFS during the class period eligibility. These individuals may be entitled to participate in the lawsuit seeking to address potential legal claims against the company.

Understanding the Lawsuit's Foundations

The lawsuit alleges that VinFast Auto Ltd., an automotive and e-scooter manufacturer with operations in Vietnam and the United States, may have been involved in circumstances that warrant legal action from its investors. The details of the lawsuit pertain to the period when investors were purchasing VFS shares during the class period.

Deadline and Participation

Investors holding shares of VinFast Auto Ltd. VFS are urged to come forward. The announcement made by The Gross Law Firm denotes a specific deadline for shareholder action. Failure to act by the stated date may result in forfeiture of rights to participate in any potential recoveries from the lawsuit. Eligible shareholders should promptly seek legal guidance and consider their options to ensure their interests are protected.

The Gross Law Firm's reminder underscores the importance of keeping abreast of shareholder rights and current developments in class action cases, especially for investors in the stock market. Those who have invested in VinFast Auto Ltd. during the class period are particularly encouraged to take note of this developing situation.

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