DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Gauzy
TMX Newsfile·2025-12-30 16:20

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Gauzy Ltd. due to allegations of violations of federal securities laws, particularly concerning misleading statements and undisclosed financial difficulties of its subsidiaries [2][4]. Group 1: Company Financial Issues - The complaint alleges that three of Gauzy's French subsidiaries lacked the financial means to meet their debts, leading to a substantial likelihood of insolvency proceedings [4]. - The initiation of Redressement Judiciaire, a form of French insolvency proceedings, was announced on November 14, 2025, which constitutes a default under Gauzy's existing senior secured debt facilities [5]. - Gauzy's share price fell nearly 50%, dropping $2.00 per share to close at $2.02 on November 17, 2025, following the announcement of the insolvency proceedings [6]. Group 2: Legal Actions and Investor Rights - Investors who purchased securities in Gauzy between March 11, 2025, and November 13, 2025, are encouraged to discuss their legal rights and options with Faruqi & Faruqi [1]. - There is a deadline of February 6, 2026, for investors to seek the role of lead plaintiff in the federal securities class action against Gauzy [2]. - The lead plaintiff is defined as the investor with the largest financial interest in the relief sought, who will oversee the litigation on behalf of the class [7].

New York Times-DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Gauzy - Reportify