INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi Reminds Gauzy (GAUZ) Investors of the Pending Class Action Lawsuit
Gauzy Ltd.Gauzy Ltd.(US:GAUZ) TMX Newsfile·2026-01-26 00:17

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 French subsidiaries [2][5]. Company Overview - Gauzy Ltd. is a publicly traded company on NASDAQ under the ticker GAUZ [2]. - The company has faced significant financial challenges, particularly with three of its French subsidiaries lacking the means to meet their debts [5]. Legal Proceedings - A federal securities class action has been filed against Gauzy, with a deadline of February 6, 2026, for investors to seek the role of lead plaintiff [2]. - The complaint alleges that Gauzy and its executives made false statements regarding the company's financial health and operations [5]. Financial Impact - On November 14, 2025, Gauzy announced the commencement of French insolvency proceedings (Redressement Judiciaire) against its subsidiaries, which led to a significant drop in share price [6]. - Following the announcement, Gauzy's share price fell by $2.00, nearly 50%, closing at $2.02 on November 17, 2025, amid heavy trading volume [7]. Investor Communication - Faruqi & Faruqi encourages investors who suffered losses in Gauzy to contact them for discussions regarding their legal rights [1]. - The firm is also seeking information from whistleblowers, former employees, and shareholders regarding Gauzy's conduct [9].