Core Viewpoint - Rosen Law Firm is reminding investors of the upcoming lead plaintiff deadline for a class action lawsuit involving Cepton, Inc. stock transactions during a specified period, highlighting potential compensation opportunities for affected investors [1][2]. Group 1: Class Action Details - The class action pertains to Cepton, Inc. common stock transactions between July 29, 2024, and January 6, 2025, with a lead plaintiff deadline set for December 8, 2025 [1]. - Investors who bought or sold Cepton common stock during the class period may be eligible for compensation without incurring out-of-pocket fees through a contingency fee arrangement [2]. Group 2: Legal Representation - Investors are encouraged to select qualified legal counsel with a proven track record in securities class actions, as many firms may lack the necessary experience and resources [4]. - Rosen Law Firm has a history of successful settlements in securities class actions, including the largest settlement against a Chinese company at the time, and has recovered hundreds of millions for investors [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, including failing to disclose a credible third-party bid that valued Cepton significantly higher than its merger with Koito Manufacturing Co., Ltd. [5]. - The Board of Directors is accused of not adequately exploring the third-party offer and failing to disclose its terms, depriving shareholders of the opportunity to make an informed decision regarding the Koito Acquisition [5].
ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Cepton, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - CPTN