Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of Microvast Holdings, Inc. (NASDAQ: MVST)breached their fiduciary duties to shareholders.
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According to a federal securities lawsuit, Insiders at Microvast caused the company to misrepresent or fail to disclose that (1) that there was a reasonable likelihood that Microvast would not be awarded the Department of Energy Grant after due diligence was performed; (2) that negotiations had ceased and the Grant rescinded; (3) that the Company misrepresented the nature and profitability of its businesses and partnerships; and (4) that, as a result of the foregoing, positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
If you currently own MVST and purchased prior to October 19, 2022 pleasecontactJustin Kuehn, Esq.here,by email atjustin@kuehn.law or call (833) 672-0814. Kuehn Law pays all case costs and does not charge its investor clients. Shareholders should contact the firm immediately as there may be limited time to enforce your rights.
Why Your Participation Matters:
As a shareholder your voice matters, and by getting involved, you contribute to the integrity and fairness of the financial markets.Your investment. Your voice. Your future.™
For additional information, please visit Shareholder Derivative Litigation – Kuehn Law.
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Contacts:Kuehn Law, PLLCJustin Kuehn, Esq.53 Hill Street, Suite 605Southampton, NY 11968justin@kuehn.law(833) 672-0814
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SOURCE Kuehn Law, PLLC
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