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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
CeptonCepton(US:CPTN) Globenewswireยท2025-10-20 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].