Core Viewpoint - A class action has been filed against Gauzy Ltd. for allegedly misleading investors about its financial stability and business prospects during a specified period [1][2]. Group 1: Allegations and Financial Issues - The complaint alleges that Gauzy failed to disclose that three of its French subsidiaries were unable to meet their financial obligations, leading to a substantial likelihood of insolvency proceedings [2]. - The company announced on November 14, 2025, that the Commercial Court of Lyon ordered the commencement of insolvency proceedings for these subsidiaries, which constitutes a default under its existing senior secured debt facilities [3]. - Following the announcement of insolvency proceedings, Gauzy's share price dropped by $2.00, or 49.8%, closing at $2.02 per share on November 17, 2025 [3]. Group 2: Class Action Participation - Shareholders interested in serving as lead plaintiffs in the class action must submit their papers by February 6, 2026, although participation is not required to be eligible for recovery [4]. - The representation in the class action is on a contingency fee basis, meaning shareholders will not incur any fees or expenses [5].
Investor Notice: Robbins LLP Informs Investors of Gauzy Ltd. Securities Class Action