Core Viewpoint - A class action lawsuit has been filed against Cepton, Inc. for allegedly failing to disclose a more favorable third-party merger offer during the approval process of its acquisition by Koito Manufacturing Co., Ltd. [1][3] 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 Allegations - The lawsuit claims that Cepton's leadership did not disclose a credible third-party offer that valued the company at more than double the price of the Koito proposal [3]. - It is alleged that Cepton's Board of Directors did not adequately evaluate the third-party offer and failed to include this information in the proxy materials for the Koito acquisition [3]. - The lawsuit also points to significant conflicts of interest involving Cepton's CEO, Jun Pei, which may have influenced the Board's decision-making [4]. Investor Information - Investors who bought or sold Cepton securities during the class period from July 29, 2024, to January 6, 2025, have until December 8, 2025, to seek appointment as lead plaintiff [2].

Core Viewpoint - A class action lawsuit has been filed against Cepton, Inc. and certain officers for alleged violations of federal securities laws during the Class Period from July 29, 2024, to January 6, 2025, related to the company's merger with Koito Manufacturing Co., Ltd. [1] Group 1: Lawsuit Details - The lawsuit seeks to recover damages for investors who purchased or sold Cepton common stock during the specified Class Period [1] - Investors have until December 8, 2025, to request to be appointed as Lead Plaintiff for the class [2] Group 2: Company Background - Cepton is an electronics company focused on high-performance lidar technologies for the Automotive and Smart Infrastructure markets, offering various lidar systems and software [4] - Koito Manufacturing Co., Ltd. invested $200 million in Cepton in July 2023, acquiring 30.1% of Cepton's voting power and two board seats [5] Group 3: Merger Information - Cepton accepted Koito's bid of $3.17 per share in July 2024, which closed on January 7, 2025, providing cash to all outstanding Cepton shareholders [6] - The merger was described as a strategic milestone for Cepton, aimed at enhancing its lidar technology commercialization [6] Group 4: Allegations in the Complaint - The Complaint alleges that Cepton's executives made materially false and misleading statements regarding the company's operations and compliance, including failing to disclose a credible third-party bid valuing Cepton at more than double the Koito Acquisition [6][8] - It is claimed that the Board did not adequately explore this third-party offer and misled shareholders regarding the terms of the Koito Acquisition [6][8] - Allegations also include conflicts of interest involving Cepton's CEO, who is said to have prioritized personal economic interests over those of the shareholders [8]

Core Points - A class action lawsuit has been filed against Cepton, Inc. by Berger Montague on behalf of investors who traded Cepton shares between July 29, 2024, and January 6, 2025 [1][2] - Cepton, a technology company specializing in lidar solutions, was acquired by Koito Manufacturing Co., Ltd. in January 2025, and its stock is no longer publicly traded [2] - The lawsuit alleges that Cepton misrepresented and omitted critical information regarding a competing merger proposal that valued the company at more than double the price offered by Koito [3] - It is claimed that Cepton's CEO had personal financial conflicts that improperly influenced the Board's decision to accept the Koito deal [4] Company Information - Cepton, Inc. is based in San Jose, California, and focuses on developing lidar solutions for automotive and smart infrastructure applications [2] - The company is no longer publicly traded following its acquisition by Koito Manufacturing Co., Ltd. [2] Legal Context - Investors who traded Cepton securities during the specified class period have until December 8, 2025, to seek appointment as lead plaintiff [2] - The lawsuit references documents from a pending case in Delaware that highlight the alleged failure of Cepton's Board to evaluate a competing offer [3]

Core Points - Rosen Law Firm is reminding purchasers or sellers of Cepton, Inc. common stock about the lead plaintiff deadline of December 8, 2025 for a class action lawsuit [1][3] Group 1: Class Action Details - Investors who bought or sold Cepton common stock between July 29, 2024, and January 6, 2025, 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 lawsuit alleges that Cepton's management made materially false and misleading statements regarding the company's business and operations, particularly concerning a 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 legal counsel with a successful track record in securities class actions [4] - The firm has achieved significant settlements in the past, including over $438 million for investors in 2019 and has been ranked highly for its performance in securities class action settlements [4]

Core Viewpoint - Cepton, Inc. is facing a class action lawsuit due to allegations of misleading investors regarding its acquisition by Koito Manufacturing Co., Ltd. [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 sectors prior to its merger with Koito Manufacturing Co., Ltd. [1] Class Action Details - A class action was filed on behalf of individuals and entities that bought or sold Cepton shares during the class period from July 29, 2024, to January 6, 2025, alleging that the company misled investors about the acquisition [2][5] - The acquisition was announced in December 2023, with Koito offering $3.17 per share in cash, and the transaction closed on January 7, 2025 [3] Allegations Against Cepton - The complaint claims that Cepton failed to disclose a credible third-party bid valuing 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 deprived of the opportunity to make an informed decision regarding the acquisition [4]

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]

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].

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].

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].

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]