Core Viewpoint - Rosen Law Firm is encouraging investors of Cepton, Inc. who incurred losses exceeding $100,000 during the specified Class Period to seek legal counsel before the December 8, 2025 deadline for lead plaintiff applications [1][2]. Group 1: Class Action Details - The Class Period for the Cepton, Inc. securities class action is from July 29, 2024, to January 6, 2025 [1]. - Investors who purchased or sold Cepton common stock during this period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To participate in the class action, investors must apply by December 8, 2025, to serve as lead plaintiff, representing other class members [3]. Group 2: Legal Representation - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting their own success in this area [4]. - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company and has consistently ranked highly in securities class action settlements since 2013 [4]. Group 3: Allegations Against Cepton - The lawsuit alleges that Cepton's management made materially false and misleading statements regarding the company's business and operations during the Class Period [5]. - Specific allegations include that Cepton received a credible third-party bid valuing the company at more than double the Koito Acquisition, which was not adequately disclosed to shareholders [5]. - The failure to disclose this information deprived shareholders of the opportunity to make informed decisions regarding the Koito Acquisition [5].
CPTN FINAL DEADLINE: ROSEN, A LEADING LAW FIRM, Encourages Cepton, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action - CPTN