Recover Investment Losses: Class Action Initiated Against Microvast Holdings, Inc. (MVST)
Levi & Korsinsky, LLP announced that a securities class action has been filed against Microvast Holdings, Inc. (NASDAQ: MVST), covering investors who purchased MVST securities between April 1, 2025 and March 16, 2026. The complaint alleges Microvast overstated its ability to reach margin targets due to inventory management issues and delays in commercial vehicle rollouts by its customers, and overstated its ability to complete the Huzhou Phase 3.2 expansion by the end of 2025.
Key figures
- Class period end
- March 16, 2026
- Class period start
- April 1, 2025
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