ROSEN, A LEADING LAW FIRM, Encourages Investors of VinFast Auto Ltd. f/k/a Black Spade Acquisition Co. Getting Advice Before Critical Deadlines for Securities Risk Action.

NEW YORK, April 23, 2024 /PRNewswire/ —

WHY: Rosen Law Firm, an international investor rights firm, reminds buyers of VinFast Auto Ltd.’s securities. f/k/a Black Spade Acquisition Co., (NASDAQ: VFS): (i) compliance with and/or monitoring of the prospectus and registration statement (“Offering Documents”) issued in relation to the Company. August 14, 2023 merge (“Union”); and/or (ii) between August 15, 2023 and January 17, 2024both dates inclusive (“Risk Period”), of significance The deadline is 11 June 2024.

SO: If you purchased VinFast securities during the Class Period you may be entitled to reimbursement free of any out-of-pocket fees or expenses through a contingency fee arrangement.

WHAT TO DO NEXT: To join the VinFast class action, go to https://rosenlegal.com/submit-form/?case_id=24144 call Phillip Kim, Esq. toll free at 866-767-3653 or email (email protected) for information on class action. A class action lawsuit has already been filed. If you want to serve as the main plaintiff, you must move the Court no later June 11, 2024. The lead plaintiff is the representative party acting on behalf of the other class members in conducting the litigation.

WHY ROSEN’S LAW: We encourage investors to select qualified advisors with a track record of success in leadership roles. In many cases, notifying companies do not have the experience, resources or any meaningful peer recognition. Many of these firms do not actually claim collateral class actions, but are merely middlemen who refer clients or partners to the law firms that actually file lawsuits. Be wise in choosing counsel. The Rosen Law Firm represents investors worldwide, focusing its practice in securities class actions and shareholder litigation. The Rosen Law Firm has secured the largest settlement of a securities action against a Chinese Company. Rosen Law Firm was ranked No. 1 by ISS Securities Class Action Services for the number of securities class action payouts in 2017. The firm has been in the top four every year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone, the company was successful 438 million dollars for investors. In 2020, founding partner Laurence Rosen was named by law360 as the Titan of Plaintiffs’ Bar. Many of the firm’s lawyers have been recognized by Lawdragon and Super Lawyers.

CASE DETAILS: According to the suit, the Offering Documents and the defendants made false and/or misleading statements and/or failed to disclose that: (1) VinFast lacked sufficient capital to implement its purported growth strategy; (2) VinFast will not be able to meet its 2023 delivery goals; (3) accordingly, VinFast overestimated the strength of its business model and its ability to operate, as well as its post-Merger business and/or financial prospects; and (4) as a result, Defendants’ Release Documents and public statements throughout the Class Period were false and/or misleading and failed to state the information required to be stated therein. When the true information entered the market, the lawsuit alleges that investors suffered damages.

To join the VinFast class action, go to https://rosenlegal.com/submit-form/?case_id=24144 call Phillip Kim, Esq. toll free at 866-767-3653 or email (email protected) for information on class action.

No Class Confirmed. Until the class is certified, you will not be represented by an attorney unless you retain one. You can choose the advice of your choice. You can also remain an absent class member and do nothing at this time. An investor’s ability to participate in any potential future recovery is not contingent on serving as the lead plaintiff.

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Contact Details:

Laurence Rosen, Esq.
Phillip Kim, Esq.
Rosen Law Firm, PA
275 Madison Avenue, 40th Floor
New York, NY 10016
Phone: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
(email protected)
www.rosenlegal.com

SOURCE ROSEN LAW FIRM, PA