Gainey McKenna & Egleston announced that a securities class action lawsuit has been filed against Microvast Holdings, Inc. in the United States District Court for the Southern District of Texas. The lawsuit represents all persons or entities who purchased or otherwise acquired Microvast securities between April 1, 2025 and March 16, 2026. The complaint alleges that Defendants failed to disclose inventory management issues, delays in commercial vehicle rollouts by customers, and overstated ability to complete the Huzhou Phase 3.2 expansion by the end of 2025, rendering public statements materially false and misleading. Investors who acquired shares during the Class Period have until September 21, 2026 to seek lead plaintiff status.
Microvast Holdings IncSecurities class action lawsuit alleges material misrepresentations and omissions.