Core Viewpoint - Rosen Law Firm has announced a class action lawsuit against Gauzy Ltd. for allegedly misleading investors regarding its business operations and financial stability [1][2]. Group 1: Allegations - The lawsuit claims that Gauzy's French subsidiaries lacked the financial means to meet their debts as they became due [3]. - It is alleged that insolvency proceedings were likely to commence due to the financial issues faced by these subsidiaries [3]. - The lawsuit also states that a potential default under Gauzy's existing senior secured debt facilities was substantially likely as a result of these issues [3]. - Positive statements made by Gauzy regarding its business operations and prospects were deemed materially misleading and lacked a reasonable basis [3]. Group 2: Legal Proceedings - Shareholders wishing to serve as lead plaintiffs must file their motions with the court by February 6, 2026 [4]. - Participation in the class action is not required to be eligible for recovery; shareholders can remain absent class members if they choose [4]. Group 3: Rosen Law Firm Background - Rosen Law Firm is recognized for its commitment to shareholder rights litigation and has recovered over $1 billion for shareholders since its inception [6].
Rosen Law Firm Urges Gauzy Ltd. (NASDAQ: GAUZ) Stockholders to Contact the Firm for Information About Their Rights