Berger Montague PC Launches Class Action Against Cepton, Inc. Over Securities Violations

Introduction

On October 15, 2025, Berger Montague PC, a prominent plaintiff's law firm known for its expertise in securities class action litigation, announced the initiation of a class action lawsuit against Cepton, Inc. (NASDAQ: CPTN). The lawsuit is on behalf of investors who traded Cepton shares during the specified period from July 29, 2024, to January 6, 2025. This legal action comes amidst serious allegations concerning the company's transparency and the integrity of its merger process.

Background of Cepton, Inc.

Cepton, Inc. is a lidar technology company headquartered in San Jose, California, which recently gained attention after being acquired by Koito Manufacturing Co., Ltd. in January 2025. Following this acquisition, Cepton's stock is no longer publicly traded. The allegations put forth by Berger Montague suggest that Cepton's leadership failed to inform shareholders of a third-party offer that significantly valued the company higher than the proposal from Koito.

Allegations Against Cepton's Leadership

The heart of the lawsuit revolves around the alleged failures of Cepton's Board of Directors in properly evaluating the competing merger proposal. According to the complaint, this offer was valued at more than double the amount presented in the Koito proposal, yet it was never disclosed to the shareholders in the proxy materials, raising critical questions about the board's fiduciary duties.

Furthermore, it has been claimed that the current conflict of interest surrounding Cepton's CEO, Jun Pei, affected decision-making processes, resulting in potential harm to investors who believed they were receiving a fair consideration during the merger’s negotiation phase. Investors were only made aware of the full circumstances after documents pertaining to a separate Delaware lawsuit came to light in September 2025.

Importance of the Lead Plaintiff

Investors who purchased or sold Cepton securities within the specified class period are encouraged to seek lead plaintiff status by the deadline of December 8, 2025. By doing so, these investors will be able to represent the interests of the class and possibly hold Cepton accountable for purportedly misleading actions taken by its leadership during the acquisition discussions.

Getting Involved

Concerned Cepton investors now face a crucial decision. Those interested in participating or learning more about their rights can reach out to the Berger Montague team, including Andrew Abramowitz and Caitlin Adorni, who can provide assistance through the legal process. For more detailed information, investors are directed to contact the law firm directly via their provided contact details.

Berger Montague's Legacy

Berger Montague, established in 1970, boasts a rich history of representing both individual and institutional investors in securities litigation across the United States. With offices strategically located in cities like Philadelphia and San Francisco, the firm has built its reputation on delivering justice and holding corporations accountable for their actions.

Conclusion

As this legal situation unfolds, the implications for Cepton, its investors, and the broader market will be closely observed. Through proactive engagement in this class action lawsuit, affected investors may find themselves playing a pivotal role in seeking resolution and accountability in what appears to be a significant securities violation case. Investors are urged to act swiftly to protect their rights and potential claims.

With the deadline for leading participation fast approaching, this class action represents a crucial moment for investors in Cepton, Inc. as they seek to unveil the truth behind the alleged managerial misconduct surrounding their investment decisions.