Core Viewpoint - A class action lawsuit has been filed against Gauzy Ltd. for alleged violations of federal securities laws during the specified class period, seeking to recover damages for affected investors [1][2]. Summary by Sections Lawsuit Details - The lawsuit targets Gauzy Ltd. and certain officers for making materially false and misleading statements and failing to disclose adverse facts about the company's business and operations during the class period from March 11, 2025, to November 13, 2025 [2][3]. - Specific allegations include the failure to disclose that three of the company's French subsidiaries lacked the financial means to meet their debts, which could lead to insolvency proceedings and potential defaults under existing senior secured debt facilities [8]. Investor Participation - Investors who purchased Gauzy securities during the class period are encouraged to join the lawsuit, with a deadline to request lead plaintiff status by February 6, 2026 [3]. - Participation in any recovery does not require serving as the lead plaintiff [3]. Legal Representation - Bronstein, Gewirtz & Grossman, LLC represents investors on a contingency fee basis, meaning they will only seek reimbursement for expenses and fees if successful in the lawsuit [4]. - The firm has a history of recovering hundreds of millions of dollars for investors in similar cases [5]. Firm's Mission - The firm emphasizes its commitment to restoring investor capital and ensuring corporate accountability to maintain market integrity [6].
Bronstein, Gewirtz & Grossman, LLC Urges Gauzy Ltd. Investors to Act: Class Action Filed Alleging Investor Harm