Core Viewpoint - Kuehn Law, PLLC is investigating potential breaches of fiduciary duties by officers and directors of Microvast Holdings, Inc. related to misrepresentation and nondisclosure of critical information affecting shareholders [1]. Group 1: Allegations of Misconduct - Insiders at Microvast allegedly caused the company to misrepresent or fail to disclose that there was a reasonable likelihood of not being awarded the Department of Energy Grant after due diligence [2]. - It is claimed that negotiations for the Grant had ceased and the Grant was rescinded, which was not disclosed to shareholders [2]. - The company is accused of misrepresenting the nature and profitability of its businesses and partnerships, leading to materially misleading positive statements about its operations and prospects [2].
Kuehn Law Encourages Investors of Microvast Holdings, Inc. to Contact Law Firm