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Portnoy Law Firm Announces Class Action on Behalf of Gauzy, Ltd. Investors
Globenewswire· 2025-12-10 18:38
Core Viewpoint - The Portnoy Law Firm is advising investors of Gauzy, Ltd. to participate in a class action lawsuit due to alleged misleading statements and undisclosed adverse facts regarding the company's financial health and operations during the specified class period from March 11, 2025, to November 13, 2025 [1]. Group 1 - The class action is on behalf of investors who purchased securities during the class period, with a deadline of February 6, 2025, to file a lead plaintiff motion [1]. - The complaint alleges that the defendants made materially false and misleading statements and failed to disclose critical adverse facts about the company's business and operations [3]. - Specific undisclosed issues include that three of the company's French subsidiaries lacked the financial means to meet their debts, leading to a substantial likelihood of insolvency proceedings [4]. Group 2 - The complaint also states that the potential insolvency could trigger defaults under the company's existing senior secured debt facilities [4]. - The defendants' positive statements regarding the company's business and prospects were deemed materially misleading and lacked a reasonable basis due to the undisclosed financial difficulties [4].
SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Gauzy
Globenewswire· 2025-12-10 14:38
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Gauzy Ltd. due to allegations of violations of federal securities laws, particularly concerning misleading statements and undisclosed financial difficulties of its French subsidiaries [3][5]. Group 1: Company Overview - Gauzy Ltd. is a publicly traded company listed on NASDAQ under the ticker GAUZ [3]. - The company has faced significant financial challenges, particularly with three of its French subsidiaries lacking the means to meet their debts [5]. Group 2: Legal Proceedings - A federal securities class action has been filed against Gauzy, with a deadline of February 6, 2026, for investors to seek the role of lead plaintiff [3][8]. - The complaint alleges that Gauzy and its executives made false or misleading statements regarding the company's financial health and operations [5]. Group 3: Recent Developments - On November 14, 2025, Gauzy announced the commencement of Redressement Judiciaire, a form of insolvency proceedings, against its French subsidiaries, which was unexpected and negatively impacted investor confidence [6]. - Following this announcement, Gauzy's share price dropped nearly 50%, falling from $4.02 to $2.02 per share over two trading days [7].
GAUZY ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Gauzy Ltd and Encourages Investors to Contact the Firm
Globenewswire· 2025-12-09 23:08
Core Viewpoint - A class action lawsuit has been filed against Gauzy Ltd for allegedly misleading investors regarding the financial stability of its French subsidiaries, which may lead to insolvency proceedings and defaults on debt obligations [2][3]. Group 1: Lawsuit Details - The class action lawsuit is filed on behalf of all individuals and entities who purchased Gauzy securities between March 11, 2025, and November 13, 2025, with a deadline of February 6, 2026, for investors to apply as lead plaintiffs [2]. - Allegations include that Gauzy's French subsidiaries lacked the financial means to meet their debts, leading to a substantial likelihood of insolvency proceedings and potential defaults on existing senior secured debt facilities [3]. Group 2: Investor Actions - Investors who suffered losses and wish to discuss their legal rights are encouraged to contact the law firm Bragar Eagel & Squire for more information [4]. - The law firm represents both individual and institutional investors in various types of litigation, including securities and commercial disputes [5].
GAUZ Investors Have Opportunity to Lead Gauzy Ltd. Securities Fraud Lawsuit with the Schall Law Firm
Businesswire· 2025-12-09 20:23
Core Viewpoint - A class action lawsuit has been filed against Gauzy Ltd. for alleged violations of securities laws, specifically related to misleading statements made by the company regarding its financial health and debt obligations [1][4]. Group 1: Lawsuit Details - The lawsuit pertains to securities purchased by investors between March 11, 2025, and November 13, 2025, during which the company allegedly made false and misleading statements [2]. - Investors are encouraged to contact the Schall Law Firm before February 6, 2026, to discuss their rights and potential participation in the lawsuit [2][3]. Group 2: Allegations Against the Company - The complaint alleges that Gauzy's subsidiaries in France were unable to repay debts as they became due, leading to potential defaults on senior secured debt facilities [4]. - The company's public statements during the class period are claimed to be false and materially misleading, resulting in investor damages once the truth was revealed [4].
Law Offices of Frank R. Cruz Encourages Gauzy Ltd.
Businesswire· 2025-12-09 17:06
LOS ANGELES--(BUSINESS WIRE)--THE LAW OFFICES OF FRANK R. CRUZANNOUNCES THAT A CLASS ACTION LAWSUIT HAS BEEN FILED ON BEHALF OF SHAREHOLDERS WHO PURCHASED GAUZY Ltd. ("Gauzy†or the "Company†) (NASDAQ: GAUZ) securities between March 11, 2025 and November 13, 2025, inclusive (the "Class Period†). Gauzy investors have until February 6, 2026 to file a lead plaintiff motion. Law Offices of Frank R. Cruz Encourages Gauzy Ltd. (GAUZ) Shareholders To Inquire About Securities Fraud Class Action Share IF YOU SUFF ...
INVESTOR ALERT: Class Action Lawsuit Filed on Behalf of Gauzy Ltd. (GAUZ) Investors – Holzer & Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm
Globenewswire· 2025-12-09 15:44
Core Points - A shareholder class action lawsuit has been filed against Gauzy Ltd. alleging materially false and misleading statements regarding the company's financial health and operations [1] - The lawsuit claims that three of Gauzy's French subsidiaries are unable to meet their debts, raising concerns about potential insolvency proceedings [1] - The lawsuit also suggests that a potential default under Gauzy's existing senior secured debt facilities is likely due to the financial issues faced by the subsidiaries [1] Legal Information - Shareholders who purchased shares of Gauzy between March 11, 2025, and November 13, 2025, and suffered significant losses are encouraged to discuss their legal rights [2] - The deadline to request lead plaintiff status in the case is February 6, 2026 [3] - Holzer & Holzer, LLC is representing shareholders and has a history of recovering significant amounts for investors affected by corporate misconduct [3]
Rosen Law Firm Urges Gauzy Ltd. (NASDAQ: GAUZ) Stockholders to Contact the Firm for Information About Their Rights
Businesswire· 2025-12-09 14:56
Core Viewpoint - Rosen Law Firm has announced a class action lawsuit against Gauzy Ltd. for allegedly misleading investors regarding its business operations and financial stability [1][2]. Group 1: Allegations - The lawsuit claims that Gauzy's French subsidiaries lacked the financial means to meet their debts as they became due [3]. - It is alleged that insolvency proceedings were likely to commence due to the financial issues faced by these subsidiaries [3]. - The lawsuit also states that a potential default under Gauzy's existing senior secured debt facilities was substantially likely as a result of these issues [3]. - Positive statements made by Gauzy regarding its business operations and prospects were deemed materially misleading and lacked a reasonable basis [3]. Group 2: Legal Proceedings - Shareholders wishing to serve as lead plaintiffs must file their motions with the court by February 6, 2026 [4]. - Participation in the class action is not required to be eligible for recovery; shareholders can remain absent class members if they choose [4]. Group 3: Rosen Law Firm Background - Rosen Law Firm is recognized for its commitment to shareholder rights litigation and has recovered over $1 billion for shareholders since its inception [6].
GAUZ CLASS ACTION NOTICE: The Law Offices of Frank R. Cruz Files Securities Fraud Lawsuit Against Gauzy Ltd.
Businesswire· 2025-12-09 03:05
Core Viewpoint - A class action lawsuit has been filed against Gauzy Ltd. for securities fraud, alleging that the company made misleading statements and failed to disclose material adverse facts about its financial condition and operations during the specified class period [1][5]. Summary by Sections Lawsuit Details - The lawsuit is filed in the United States District Court for the Southern District of New York, under the case name Duong v. Gauzy Ltd., and covers individuals and entities that purchased Gauzy securities between March 11, 2025, and November 13, 2025 [1][2]. - Investors have a 60-day window from the notice date to move the court to serve as lead plaintiff in the action [2][6]. Company Financial Issues - On November 14, 2025, Gauzy announced that the Commercial Court of Lyon, France, ordered insolvency proceedings for three of its subsidiaries, which could lead to a default under the company's senior secured debt facilities [3][5]. - The company will not release its third-quarter financial results as previously planned due to these proceedings [3]. Market Reaction - Following the announcement of the insolvency proceedings, Gauzy's share price dropped by $2.00, or 49.8%, closing at $2.02 per share on November 17, 2025, with unusually high trading volume [4]. Allegations in the Lawsuit - The complaint alleges that Gauzy's management made materially false and misleading statements and failed to disclose that three subsidiaries were unable to meet their debts, leading to the likelihood of insolvency proceedings and potential defaults on debt facilities [5].
GAUZ CLASS ACTION NOTICE: Glancy Prongay & Murray LLP Files Securities Fraud Lawsuit On Behalf Of Gauzy Ltd. Shareholders
Businesswire· 2025-12-09 01:51
Core Viewpoint - A class action lawsuit has been filed against Gauzy Ltd. due to alleged misleading statements and failure to disclose material adverse facts regarding the company's financial situation, particularly concerning its French subsidiaries [1][5]. Group 1: Lawsuit Details - The lawsuit is filed in the United States District Court for the Southern District of New York, covering individuals and entities that purchased Gauzy securities between March 11, 2025, and November 13, 2025 [1]. - The complaint alleges that Gauzy's management made materially false statements and failed to disclose that three French subsidiaries were unable to meet their debts, leading to the commencement of insolvency proceedings [5]. - The lawsuit claims that the failure to disclose these facts misled investors about the company's business and operational prospects [5]. Group 2: Company Financial Situation - On November 14, 2025, Gauzy announced the initiation of insolvency proceedings for three subsidiaries in France, which could lead to a default under existing senior secured debt facilities [3]. - Following this announcement, Gauzy's share price dropped by $2.00, or 49.8%, closing at $2.02 per share on November 17, 2025, with unusually high trading volume [4]. - The company also stated that it would not release its third-quarter financial results as previously planned due to the ongoing insolvency proceedings [3].
Law Offices of Howard G. Smith Encourages Gauzy Ltd.
Businesswire· 2025-12-09 01:30
IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN GAUZY LTD. (GAUZ), CONTACT THE LAW OFFICES OF HOWARD G. SMITH TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT. Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at howardsmith@howardsmithlaw.com, by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com. What Happened? On November 14, 2025, before the market opened, Gauzy announced "the Commercial Court of Lyon, France, ordered the commencement of French ...