VLA is handling some of the most complex, high-profile class action proceedings, representing plaintiffs who are victims of massive fraud with total claims exceeding THB 50 Billion.
Actions against STARK Corporation and related parties
(Total claims exceeding THB 40 billion)
Representing a group of investors in the STARK
consumer class action covering an entire
investor class of both bondholders and
shareholders sufferring at least THB 40 billion
in losses; widely seen as the most egregious
fraud by a publicly listed company.
Actions against ZIPMEX and related parties
(Total claims exceeding THB 6 billion)
Representing a group of Thai crypto investors on
matters against ZIPMEX and foreign entities,
marking the first and largest digital asset/crypto
consumer class action involving direct and
punitive damages of over THB 6 billion.
Actions against the ICON Group and related parties
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(Total claims exceeding THB 9 billion)
Representing a group of Thai fraud victims on
matters against the ICON Group, in a potential
consumer class action involving punitive
damages of over THB 9 billion and may count
as one of the largest ponzi scheme civil
litigations in Thailand’s history.
