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, 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 participating in the class action must submit their papers to the court by February 6, 2026, to serve as lead plaintiff [4]. - Shareholders are not required to participate in the case to be eligible for recovery, and they can choose to remain absent class members [4]. Group 3: Company Background - Robbins LLP is a recognized leader in shareholder rights litigation, dedicated to helping shareholders recover losses and improve corporate governance since 2002 [5].
Did you Lose Money in Gauzy Ltd.? Shareholders with large losses in GAUZ, should contact Robbins LLP for information about leading the securities class action against Gauzy Ltd.