Cepton(US:CPTN) Prnewswire·2025-10-15 18:27Core 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]