NEW
YORK, Dec. 18, 2023 /PRNewswire/ -- The Gross
Law Firm issues the following notice to shareholders of
Microvast Holdings, Inc..
Shareholders who purchased shares of MVST during the class
period listed are encouraged to contact the firm regarding possible
lead plaintiff appointment. Appointment as lead plaintiff is not
required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/microvast-loss-submission-form/?id=60170&from=4
CLASS PERIOD: October 19,
2022 to November 20, 2023
ALLEGATIONS: The complaint alleges that
during the class period, Defendants issued materially false and/or
misleading statements and/or failed to disclose that: (1) there was
a reasonable likelihood that, after due diligence was performed,
Microvast would not be awarded the proposed $200 million grant from the United States
Department of Energy; (2) negotiations had ceased and the grant
rescinded; (3) the Company misrepresented the nature and
profitability of its businesses and partnerships; and (4) as a
result of the foregoing, defendants' positive statements about the
Company's business, operations, and prospects were materially
misleading and/or lacked a reasonable basis.
DEADLINE: February 5, 2024
Shareholders should not delay in registering for this class action.
Register your information here:
https://securitiesclasslaw.com/securities/microvast-loss-submission-form/?id=60170&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of MVST during the timeframe
listed above, you will be enrolled in a portfolio monitoring
software to provide you with status updates throughout the
lifecycle of the case. The deadline to seek to be a lead plaintiff
is February 5, 2024. There is no cost
or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is a nationally
recognized class action law firm, and our mission is to protect the
rights of all investors who have suffered as a result of deceit,
fraud, and illegal business practices. The Gross Law
Firm is committed to ensuring that companies adhere to responsible
business practices and engage in good corporate citizenship. The
firm seeks recovery on behalf of investors who incurred losses when
false and/or misleading statements or the omission of material
information by a company lead to artificial inflation of the
company's stock. Attorney advertising. Prior results do not
guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
View original content to download
multimedia:https://www.prnewswire.com/news-releases/shareholder-alert-the-gross-law-firm-notifies-shareholders-of-microvast-holdings-inc-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-february-5-2024--nasdaq-mvst-302017176.html
SOURCE Gross Law Firm