Core Viewpoint - Rosen Law Firm is urging investors of Cepton, Inc. to secure legal counsel before the December 8, 2025 deadline for a class action lawsuit related to the company's stock transactions during the specified class period [1][2]. Group 1: Class Action Details - The class period for the lawsuit is defined as between July 29, 2024, and January 6, 2025, inclusive [1]. - Investors who bought or sold Cepton common stock during this period may be eligible for compensation without incurring out-of-pocket fees through a contingency fee arrangement [2]. Group 2: Legal Representation - To participate in the class action, investors can visit the provided link or contact the law firm directly for more information [3][6]. - The law firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions [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 amount of its merger with Koito Manufacturing Co., Ltd., which was not disclosed to shareholders [5]. - The Board of Directors allegedly failed to adequately explore this offer and did not disclose its terms, depriving shareholders of the opportunity to make an informed decision regarding the merger [5].
ROSEN, A RANKED AND LEADING FIRM, Encourages Cepton, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - CPTN