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ROSEN, A RESPECTED AND LEADING FIRM, Encourages Cepton, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – CPTN
Globenewswire· 2025-10-23 01:36
Core Viewpoint - Rosen Law Firm is reminding investors who bought or sold Cepton, Inc. common stock between July 29, 2024, and January 6, 2025, of the December 8, 2025, lead plaintiff deadline for a class action lawsuit [1] Group 1: Class Action Details - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has already been filed, and interested parties must move the Court by December 8, 2025, to serve as lead plaintiff [3] - Investors can join the class action by visiting the provided link or contacting the law firm directly [6] Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time [4] - The firm was ranked No. 1 by ISS Securities Class Action Services for the number of settlements in 2017 and has consistently ranked in the top 4 since 2013 [4] - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering funds for clients [4] Group 3: Case Allegations - The lawsuit alleges that Cepton's management made materially false and misleading statements regarding the company's business and operations [5] - Specific claims include that Cepton received a credible third-party bid valuing the company at more than double the Koito Acquisition, which was not disclosed to shareholders [5] - The Board of Directors allegedly failed to explore the third-party offer meaningfully, depriving shareholders of the opportunity to consider the acquisition [5]
ATTENTION NASDAQ: CPTN INVESTORS: Contact Berger Montague About a Cepton, Inc. Class Action Lawsuit
Prnewswire· 2025-10-21 19:50
Core Viewpoint - A class action lawsuit has been filed against Cepton, Inc. by Berger Montague on behalf of investors who traded Cepton shares during the specified Class Period, alleging failure to disclose a competing acquisition bid during the merger approval process with Koito Manufacturing Co., Ltd. [1][3][4] Company Overview - Cepton, Inc. is a lidar technology company based in San Jose, California, and was acquired by Koito Manufacturing Co., Ltd. in January 2025, after which its stock is no longer publicly traded [2]. Allegations of the Lawsuit - The lawsuit claims that Cepton's management did not disclose a credible third-party acquisition bid that valued the company at more than double the $3.17 per share offered by Koito during the merger approval process [3][5]. - It is alleged that Cepton's Board of Directors failed to adequately explore the competing offer and did not disclose its terms, which deprived shareholders of a fair opportunity to evaluate the proposed deal [5]. Legal Proceedings - Following the merger, former shareholders initiated a lawsuit against Cepton's senior officers in the Delaware Court of Chancery, revealing that proxy materials for the Koito acquisition concealed significant information from shareholders [4][5].
CPTN Investors Have Opportunity to Lead Cepton, Inc. Securities Fraud Lawsuit
Prnewswire· 2025-10-21 07:40
Core Viewpoint - Rosen Law Firm is reminding investors who bought or sold common stock of Cepton, Inc. (NASDAQ: CPTN) during the Class Period from July 29, 2024, to January 6, 2025, about the December 8, 2025, deadline to become a lead plaintiff in a class action lawsuit [1][2]. Group 1: Class Action Details - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by submitting a form or contacting the law firm [3][6]. - The lead plaintiff must file a motion with the Court by December 8, 2025, to represent other class members [3]. Group 2: Case Allegations - The lawsuit alleges that Cepton's management made materially false and misleading statements regarding the company's business and operations [5]. - Specific allegations include that Cepton received a credible third-party bid valuing the company at more than double the Koito Acquisition, which was not disclosed to shareholders [5]. - The Board of Directors allegedly failed to explore this offer meaningfully and did not disclose its terms, depriving shareholders of the opportunity to consider the acquisition [5]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest against a Chinese company at the time [4]. - The firm has been ranked No. 1 for securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions for investors [4]. - In 2019, the firm secured over $438 million for investors, showcasing its effectiveness in litigation [4].
CEPTON ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Cepton, Inc. and Encourages Investors to Contact the Firm
Globenewswire· 2025-10-20 21:55
Core Viewpoint - A class action lawsuit has been filed against Cepton, Inc. for allegedly making materially false and misleading statements regarding its business operations and compliance policies during the specified class period from July 29, 2024, to January 6, 2025 [2][3]. Allegation Details - The lawsuit claims that Cepton's management failed to disclose a credible third-party bid that valued the company at more than double the Koito Acquisition [3]. - It is alleged that the Board of Directors did not adequately explore this offer and did not disclose its terms when recommending the Koito Acquisition to shareholders [3]. - As a result, shareholders were deprived of the opportunity to make an informed decision regarding the acquisition [3]. - The public statements made by the defendants are claimed to be materially false and misleading throughout the class period [3]. Next Steps - Investors who purchased Cepton shares and suffered losses are encouraged to contact the law firm for more information regarding their rights and potential claims [4].
ROSEN, A RANKED AND LEADING LAW FIRM, Encourages Cepton, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – CPTN
Globenewswire· 2025-10-19 17:05
Core Viewpoint - Rosen Law Firm is reminding investors who bought or sold Cepton, Inc. common stock between July 29, 2024, and January 6, 2025, of the December 8, 2025, lead plaintiff deadline for a class action lawsuit [1] Group 1: Class Action Details - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [3][6] - The deadline to move the Court to serve as lead plaintiff is December 8, 2025 [3] Group 2: Legal Representation - Investors are encouraged to select qualified counsel with a successful track record in securities class actions [4] - Rosen Law Firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [4] - The firm has consistently ranked highly in securities class action settlements and has recovered hundreds of millions for investors [4] Group 3: Case Allegations - The lawsuit alleges that Cepton's defendants made materially false and misleading statements regarding the company's business and operations [5] - Specific allegations include failure to disclose a credible third-party bid valuing Cepton at more than double the Koito Acquisition and the Board's failure to explore this offer [5] - As a result, shareholders were deprived of the opportunity to consider the Koito Acquisition meaningfully [5]
Cepton, Inc. Stockholders with Large Losses are Encouraged to Contact Robbins LLP for Information About the Class Action Against CPTN
Prnewswire· 2025-10-17 21:43
Core Viewpoint - Cepton, Inc. is facing a class action lawsuit alleging that it misled investors regarding its acquisition by Koito Manufacturing Co., Ltd., which may have deprived shareholders of a better offer [2][4]. Company Overview - Cepton, Inc. was focused on high-performance lidar technologies aimed at enhancing safety and autonomy in the Automotive and Smart Infrastructure markets prior to its merger with Koito Manufacturing Co., Ltd. [1]. Acquisition Details - Koito announced a bid to acquire Cepton for $3.17 per share in cash, with the transaction closing on January 7, 2025 [3]. Allegations in the Lawsuit - The lawsuit claims that Cepton failed to disclose a credible third-party bid that valued the company at more than double the Koito acquisition price [4]. - It is alleged that Cepton's Board of Directors did not adequately explore this third-party offer and did not disclose its terms when recommending the Koito acquisition to shareholders [4]. - As a result, shareholders were allegedly deprived of the opportunity to make an informed decision regarding the acquisition [4]. Class Action Participation - Shareholders interested in participating as lead plaintiffs in the class action must file their papers by December 8, 2025 [5].
ROSEN, NATIONAL INVESTOR COUNSEL, Encourages Cepton, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – CPTN
Globenewswire· 2025-10-17 02:10
Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of purchasers or sellers of Cepton, Inc. common stock during the specified Class Period from July 29, 2024, to January 6, 2025, due to alleged misleading statements made by the company's defendants [1][5]. Group 1: Lawsuit Details - The class action lawsuit has already been filed, and individuals wishing to serve as lead plaintiff must act by December 8, 2025 [1][3]. - Investors who bought or sold Cepton, Inc. common stock during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - The lawsuit claims that Cepton's defendants made materially false and misleading statements regarding the company's business and operations, including failing to disclose a credible third-party bid that valued Cepton at more than double the Koito Acquisition [5]. Group 2: Legal Representation - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements in recovering significant amounts for investors [4]. - The firm has been recognized for its performance in securities class action settlements, including securing over $438 million for investors in 2019 alone [4].
Berger Montague PC Investigates Securities Claims Against Cepton, Inc. (NASDAQ: CPTN)
Prnewswire· 2025-10-15 18:27
Core Points - A class action lawsuit has been filed against Cepton, Inc. by Berger Montague PC on behalf of investors who traded Cepton shares between July 29, 2024, and January 6, 2025 [1][2] - The lawsuit alleges that Cepton's leadership failed to disclose a third-party offer that valued the company at more than double the price of the merger proposal from Koito Manufacturing Co., Ltd. [3] - The complaint also claims that Cepton's CEO, Jun Pei, had conflicts of interest that affected the Board's decision-making process [4] Company Overview - Cepton, Inc. is a lidar technology company based in San Jose, California, and was acquired by Koito in January 2025, after which its stock is no longer publicly traded [2] Legal Context - Investors have until December 8, 2025, to seek appointment as lead plaintiff in the class action [2] - The truth about Cepton's situation was revealed through documents from a Delaware lawsuit that became public in September 2025 [4]
ROSEN, LEADING TRIAL ATTORNEYS, Encourages Cepton, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – CPTN
Globenewswire· 2025-10-13 22:58
Core Viewpoint - A class action lawsuit has been filed against Cepton, Inc. for allegedly making materially false and misleading statements regarding its business operations and compliance policies during the Class Period from July 29, 2024, to January 6, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Cepton received a credible third-party bid valuing the company at more than double the Koito Acquisition, which was not disclosed to shareholders [5]. - It is alleged that Cepton's Board of Directors failed to adequately explore this offer and did not disclose its terms when recommending the Koito Acquisition to shareholders [5]. - As a result, shareholders were deprived of the opportunity to meaningfully consider the acquisition, leading to materially false and misleading public statements by the defendants [5]. Group 2: Participation Information - Investors who purchased or sold Cepton, Inc. common stock during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, interested parties can visit the provided link or contact the law firm directly for more information [3][6].
CPTN Investor Alert: Robbins LLP Reminds Investors of the Securities Fraud Class Action Against Cepton, Inc.
Globenewswire· 2025-10-10 19:40
Core Viewpoint - A class action has been filed against Cepton, Inc. for allegedly misleading investors regarding its acquisition by Koito Manufacturing Co., Ltd. [1][2] Allegations - The complaint claims that Cepton did not disclose a credible third-party bid that valued the company at more than double the acquisition price offered by Koito, which was $3.17 per share [3] - It is alleged that Cepton's Board of Directors failed to adequately explore this third-party offer and did not disclose its terms when recommending the Koito acquisition to shareholders [3] - As a result, shareholders were deprived of the opportunity to make an informed decision regarding the acquisition [3] Class Action Participation - Shareholders interested in serving as lead plaintiffs must file their papers by December 8, 2025, and can remain absent class members if they choose not to participate [4] - The representation in the class action is on a contingency fee basis, meaning shareholders will not incur any fees or expenses [5]