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Deadline Alert: Microvast Holdings, Inc. (MVST) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud Lawsuit
GlobeNewswire Inc.·
A class action securities fraud lawsuit has been filed against Microvast Holdings, Inc. for allegedly making materially false statements about its business operations between April 1, 2025 and March 16, 2026. The company allegedly overstated production facility activity, margin targets, and the timeline for completing its Huzhou Phase 3.2 expansion. The stock declined significantly following multiple negative announcements, including a CFO departure and disappointing financial results showing gross margin collapse to 1%. Shareholders have until September 21, 2026 to file a lead plaintiff motion.
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