Levi & Korsinsky reminds Microvast Holdings investors that a securities class action has been filed on behalf of shareholders who purchased shares between April 1, 2025 and March 16, 2026, with a lead plaintiff deadline of September 21, 2026. The lawsuit alleges that Microvast made false or misleading statements about its revenue guidance, gross margin targets, and the timeline for its Huzhou Phase 3.2 expansion, and that a series of disclosures between June 2025 and March 2026 corrected those statements, causing investor losses. Key events include a short-seller report in June 2025, the departure of the CFO in August 2025, a delay in Huzhou production to the first quarter of 2026 announced in November 2025, and a March 2026 disclosure of a $32.5 million inventory impairment, a gross margin decline to 1.0%, and fourth-quarter revenue of $96.5 million versus a $136.4 million consensus estimate, after which shares fell 34.2% to $1.52. Investors who suffered losses can contact the firm to discuss potential recovery.
Microvast Holdings IncSecurities class action lawsuit alleging false statements about revenue guidance, gross margin targets, and expansion timeline.