A class action lawsuit has been filed against Microvast Holdings, Inc. on behalf of investors who purchased securities between April 1, 2025, and March 16, 2026. The complaint alleges the company and certain officers overstated its ability to achieve higher gross-margin targets and complete the Huzhou Phase 3.2 manufacturing expansion by the end of 2025, while failing to adequately disclose inventory-management problems and customer rollout delays. Microvast later reported a $32.5 million impairment for specialized ESS components, fourth-quarter 2025 gross margin of 1.0% versus 36.6% a year earlier, and revenue of $96.5 million below consensus estimates of $136.4 million. Shares fell approximately 34.2% after those disclosures. Rosen Law Firm reminded investors that the lead-plaintiff deadline is September 21, 2026, while SueWallSt, powered by Levi & Korsinsky LLP, and The Law Offices of Frank R. Cruz also issued notices. The class has not been certified, and investors may retain counsel, seek lead-plaintiff status or remain absent class members without taking action.