Accessibility StatementSkip Navigation PHILADELPHIA, Dec. 1, 2025 /PRNewswire/ -- National plaintiffs' law firm Berger Montague PC announces a class action lawsuit against Cepton, Inc. (NASDAQ: CPTN) ("Cepton" or the "Company") on behalf of investors who purchased or sold Cepton shares during the period of July 29, 2024 through January 6, 2025 (the "Class Period"). Investor Deadline: Investors who purchased or sold Cepton securities during the Class Period may, no later than December 8, 2025, seek to be ...

Accessibility StatementSkip Navigation PHILADELPHIA  , Nov. 24, 2025 /PRNewswire/ -- National plaintiffs' law firm Berger Montague PC announces a class action lawsuit against Cepton, Inc. (NASDAQ: CPTN) ("Cepton" or the "Company") on behalf of investors who purchased or sold Cepton shares during the period of July 29, 2024 through January 6, 2025 (the "Class Period"). Investor Deadline: Investors who purchased or sold Cepton securities during the Class Period may, no later than December 8, 2025, seek to ...

Core Viewpoint - A class action lawsuit has been filed against Cepton, Inc. by Berger Montague on behalf of investors who traded Cepton shares between July 29, 2024, and January 6, 2025, alleging misrepresentation and omission of material information regarding a merger proposal with Koito Manufacturing Co., Ltd. [1][3] Company Overview - Cepton, Inc. is a technology company based in San Jose, California, specializing in lidar solutions for automotive and smart infrastructure applications. The company was acquired by Koito in January 2025, and its stock is no longer publicly traded [2]. Allegations in the Lawsuit - The lawsuit claims that Cepton misrepresented and omitted critical information about a competing third-party bid that valued the company at more than double the price offered by Koito. The Board of Directors allegedly failed to evaluate or disclose this competing offer, which deprived shareholders of making informed decisions [3]. - Additionally, the lawsuit references documents indicating that Cepton's CEO had personal financial conflicts that improperly influenced the Board's decision to accept the Koito deal [4].

Core Viewpoint - A class action lawsuit has been filed against Cepton, Inc. by Berger Montague on behalf of investors who traded Cepton shares during the specified Class Period, alleging undisclosed material information regarding a competing acquisition bid during the merger with Koito Manufacturing Co., Ltd. [1][3][4] Group 1: Lawsuit Details - The lawsuit claims that Cepton's senior executives failed to disclose a credible third-party acquisition bid that valued the company at more than double the price of the Koito merger proposal, which was valued at $3.17 per share [3][5]. - The Delaware Court of Chancery lawsuit indicates that Cepton's Board of Directors did not adequately explore the competing offer and did not disclose its terms when recommending the Koito transaction to shareholders [5][4]. - Investors became aware of the concealed material information after a redacted amended complaint was made public in September 2025, revealing that the proxy materials for the Koito acquisition lacked transparency [4][5]. Group 2: Company Background - Cepton, Inc. is a lidar technology company based in San Jose, California, and was acquired by Koito Manufacturing Co., Ltd. in January 2025, after which its stock is no longer publicly traded [2].

Core Insights - MicroVision, Inc. has announced an agreement to acquire Scantinel Photonics GmbH, focusing on FMCW lidar technology for commercial vehicles [1] Company Summary - The acquisition aims to enhance MicroVision's capabilities in advanced perception solutions, particularly in the autonomy and mobility sectors [1] - The collaboration with funding and strategic partners is intended to accelerate the productization and commercial opportunities of the acquired technology [1]

Core Viewpoint - A class action lawsuit has been filed against Cepton, Inc. for allegedly failing to disclose a more favorable third-party merger offer during the approval process of its acquisition by Koito Manufacturing Co., Ltd. [1][3] Company Overview - Cepton, Inc. is a lidar technology company based in San Jose, California, and was acquired by Koito in January 2025, after which its stock is no longer publicly traded [2]. Legal Allegations - The lawsuit claims that Cepton's leadership did not disclose a credible third-party offer that valued the company at more than double the price of the Koito proposal [3]. - It is alleged that Cepton's Board of Directors did not adequately evaluate the third-party offer and failed to include this information in the proxy materials for the Koito acquisition [3]. - The lawsuit also points to significant conflicts of interest involving Cepton's CEO, Jun Pei, which may have influenced the Board's decision-making [4]. Investor Information - Investors who bought or sold Cepton securities during the class period from July 29, 2024, to January 6, 2025, have until December 8, 2025, to seek appointment as lead plaintiff [2].

Core Insights - Ouster Inc. (OUST) has identified international expansion as a key strategy to increase revenue and achieve profitability, targeting the growing global lidar and smart infrastructure market [1][8] - The company operates across the Americas, Asia-Pacific, and EMEA, serving over 450 customers in nearly 50 countries [1][3] International Expansion Strategy - CEO Angus Pacala emphasized that international expansion is essential for providing exceptional delivery and support in all operational regions, with plans to enhance presence through distribution partnerships [2] - Ouster's global partnerships, such as with Komatsu and LASE PeCo, not only broaden revenue opportunities but also drive economies of scale and reduce customer concentration risks [3][4] Market Position and Competitors - Ouster's international expansion is a strategic lever, allowing the company to transition from a hardware-focused manufacturer to a leading diversified lidar technology provider [4] - Competitors like Aeva Technologies and Luminar Technologies also leverage international exposure for growth, with Aeva collaborating with LG Innotek and Luminar expanding operations in multiple countries [5][6] Financial Performance - OUST shares have increased by 183.6% year to date, although this performance is below industry standards [7] - The company has a price-to-sales multiple of 10.17, significantly higher than the industry average of 2.07, indicating an expensive valuation [10] Earnings Estimates - The Zacks Consensus Estimate for OUST's EPS for the third and fourth quarters of 2025 has remained unchanged over the past 30 days, with similar stability in revenue estimates for 2025 and 2026 [12][13] - The consensus estimates indicate year-over-year increases in revenues and EPS for 2025 and 2026, with OUST currently holding a Zacks Rank 3 (Hold) [14]

Core Viewpoint - A class action lawsuit has been filed against Cepton, Inc. by Berger Montague on behalf of investors who traded Cepton shares during the specified Class Period, alleging failure to disclose a competing acquisition bid during the merger approval process with Koito Manufacturing Co., Ltd. [1][3][4] Company Overview - Cepton, Inc. is a lidar technology company based in San Jose, California, and was acquired by Koito Manufacturing Co., Ltd. in January 2025, after which its stock is no longer publicly traded [2]. Allegations of the Lawsuit - The lawsuit claims that Cepton's management did not disclose a credible third-party acquisition bid that valued the company at more than double the $3.17 per share offered by Koito during the merger approval process [3][5]. - It is alleged that Cepton's Board of Directors failed to adequately explore the competing offer and did not disclose its terms, which deprived shareholders of a fair opportunity to evaluate the proposed deal [5]. Legal Proceedings - Following the merger, former shareholders initiated a lawsuit against Cepton's senior officers in the Delaware Court of Chancery, revealing that proxy materials for the Koito acquisition concealed significant information from shareholders [4][5].

Core Points - A class action lawsuit has been filed against Cepton, Inc. by Berger Montague PC on behalf of investors who traded Cepton shares between July 29, 2024, and January 6, 2025 [1][2] - The lawsuit alleges that Cepton's leadership failed to disclose a third-party offer that valued the company at more than double the price of the merger proposal from Koito Manufacturing Co., Ltd. [3] - The complaint also claims that Cepton's CEO, Jun Pei, had conflicts of interest that affected the Board's decision-making process [4] Company Overview - Cepton, Inc. is a lidar technology company based in San Jose, California, and was acquired by Koito in January 2025, after which its stock is no longer publicly traded [2] Legal Context - Investors have until December 8, 2025, to seek appointment as lead plaintiff in the class action [2] - The truth about Cepton's situation was revealed through documents from a Delaware lawsuit that became public in September 2025 [4]

Core Viewpoint - A class action lawsuit has been filed against Cepton, Inc. for allegedly failing to disclose a competing acquisition bid during the approval process of its merger with Koito Manufacturing Co., which may have undervalued Cepton shares [1][3][5]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who traded Cepton shares between July 29, 2024, and January 6, 2025 [1][2]. - The merger proposal from Koito valued Cepton shares at $3.17 each, while a credible third-party bid valued the company at more than double that amount [3][5]. - The Delaware Court of Chancery is currently handling a lawsuit from former shareholders against Cepton's senior officers, revealing that proxy materials for the Koito acquisition concealed material information [4][5]. Group 2: Allegations Against Cepton - Cepton's Board of Directors allegedly did not adequately explore the competing offer and failed to disclose its terms when recommending the Koito transaction to shareholders [5]. - The complaint also suggests that Cepton's CEO had conflicts of interest regarding the Koito proposal, further complicating the situation for shareholders [5].