August 25, 2025
A Texas federal judge has ruled that lithium-ion battery company Microvast Holdings Inc. cannot beat, for now, a securities class action alleging it misled investors about a revoked $200 million grant from the U.S. Department of Energy, although the judge trimmed certain claims from the suit.
February 15, 2024
Leaders of lithium-ion battery maker Microvast Holdings Inc. and the blank-check company that took it public in July 2021 were so "personally hellbent on completing the merger" for their own benefit that they deceived public investors into approving it, a shareholder alleges in a new Delaware Chancery Court suit.
December 06, 2023
Lithium-ion battery company Microvast Holdings Inc. was hit with a proposed class action alleging it misled investors about a revoked grant from the U.S. Department of Energy, saying the company knew the deal had fallen through months before a public announcement.