Core Points - A class action lawsuit has been filed against Cepton, Inc. in the United States District Court for the Northern District of California on behalf of investors who purchased Cepton common stock between July 29, 2024, and January 6, 2025 [6] - 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 at more than double the Koito Acquisition [2] Allegation Details - The complaint claims that Cepton's Board of Directors did not adequately explore a third-party bid and failed to disclose its terms when recommending the Koito Acquisition to shareholders [2] - As a result, shareholders were deprived of the opportunity to meaningfully consider the acquisition, leading to materially false and misleading public statements by the defendants [2] Next Steps - Investors who acquired Cepton shares and suffered losses are encouraged to contact the law firm for more information regarding their rights and potential claims [3] - There is a deadline of December 8, 2025, for investors to apply to be appointed as lead plaintiff in the lawsuit [6]
CEPTON URGENT ALERT: Bragar Eagel & Squire, P.C. Reminds Cepton Stockholders of Upcoming December 8th Lead Plaintiff Deadline