Globe and Mail – Globe and Mail

WHY: NEW YORK, NY – (NewMediaWire) – April 21, 2024 – The Rosen Law Firm, an international investor rights firm, announces the filing of a class action lawsuit on behalf of the purchasers of VinFast Auto Ltd. securities. f/k/a Black Spade Acquisition Co., (NASDAQ : VFS): (i) pursuant to and/or monitoring of the prospectus and registration statement (“Offering Documents”) issued in connection with the merger of the Company dated August 14, 2023 (“Connection”); and/or (ii) between August 15, 2023 and January 17, 2024, all dates inclusive (“Class Period”). If you want to serve as the main plaintiff, you must move the Court before June 11, 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 or call Phillip Kim, Esq. toll free at 866-767-3653 or email case@rosenlegal.com for information about the class action. A class action lawsuit has already been filed. If you want to serve as the main plaintiff, you must move the Court before 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. Be wise in choosing advice. 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 raised more than $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a 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 or call Phillip Kim, Esq. toll free at 866-767-3653 or email case@rosenlegal.com for information about the 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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Attorney Advertising. Previous results do not guarantee the same results.

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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
case@rosenlegal.com
www.rosenlegal.com