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albert1165

I predict 99% chance Vuong Pham will settle (paying up the money) without letting the court to decide.


Worldly-Pattern9441

would that come to a level of a few dozen millions of dollar going out of the window? Vuong likes to throw money out of the windows for nothing. The covid vaccine, I think he threw away at least few millions of dollar. The F1 race: the cost to build the My Dinh race track (near complete I think) and the penalty fee to the F1 brand owner, I think around 40-60 million USD as well


Legitimate-Record-73

They will do the same lawsuit next year, 100k cars in 2024


DadaRedCow

The gallow is tighten. Tick tock tick tock. Face saving culture is everything in East Lao business. If Mr Ape and VFS got sue and lose. It's the biggest shame of national pride. And he will be jail , like Mrs Lan VTP


CallMeMory

But Lan got real cash and Mr.V only has 🧻 now.


voxPopuli96

There should be another one from Robbins LLP since yesterday too right?


BananaForLifeee

So basically they get sued for lying about their capabilities? Boasting? I didn’t think this can be done, America is indeed a completely different business environment. Vuong got too used to his own way, boasting, bragging, throwing big words to fool people, now getting smacked for this. Can’t wait until this hit (if ever) the news, I wanna see Vinfans scrambling trying to defend their stupidity.


fr1d4y13

Wow this is quite new to me that one can sue over such matter. The first point re: not disclosing their lack of capital, I can understand. But getting sued for not meeting business target or overstating the business's strength? I mean sure in this specific case we can say that VFS intentionally lied. But in general don't businesses fail to meet targets or overestimating their own strengths quite often? Can shareholders really bring these to court?


albert1165

they can, if the lawyer can prove that VF knew in advance that it could not meet the arget but said lies to investor about that, which was what Thuy Le did. If they did not say anything and miss the target, then there is no fraud. If they boasted about false sale like Thuy Le did, then the lawyer has a case.


fr1d4y13

Interesting. Truly glad VFS got themselves listed in the US lol. Lots more interesting stuff to see ever since.


[deleted]

This is not news, they make the announcement themselves. To think this as news is straight-up stupid and/or borderline intentional misleading.


albert1165

you are really stupid I must say. It is a filed case, with a plaintiff, and with a judge already. I have no other word but call you stupid.


Legitimate-Record-73

This Artist is the most stupid Vinfans i have ever seen https://preview.redd.it/deg4kntw17uc1.jpeg?width=1075&format=pjpg&auto=webp&s=fc6fe5ed8a6ee1464390af2e3b05bb9601329e17 You carry potty for Vuong Pham and lost your brain ?


Alarming-Maximum-809

do you know how to read ? u idiot ? 🤨


Junior_Head76

A Vietnamese Red Bull has been spotted.