#USA #Class Action #San Jose #Cepton #NASDAQ CPTN

Cepton, Inc. Class Action Lawsuit: What Investors Need to Know

On October 21, 2025, the renowned law firm Berger Montague PC announced a class action lawsuit aimed at Cepton, Inc., a technology company specializing in lidar solutions. This initiative seeks to represent shareholders who either bought or sold shares within the period from July 29, 2024, to January 6, 2025, often referred to as the “Class Period.” Investors are encouraged to understand their potential rights and the implications of the lawsuit before the deadline on December 8, 2025, for their involvement as lead plaintiff representatives.

Background of Cepton, Inc.

Cepton, Inc. became known for its innovative lidar technology, which has significant applications in a variety of industries, particularly in automotive and smart cities. Based in San Jose, California, the company was acquired by Koito Manufacturing Co., Ltd. in January 2025. Following this acquisition, Cepton’s shares were removed from public trading, raising concerns among investors who may feel that the transaction was not carried out in their best interests.

Allegations Against Cepton

The crux of the class action lawsuit revolves around allegations that Cepton and its executives failed to disclose crucial information during the approval process of the merger with Koito. Specifically, it is claimed that a competitive acquisition bid existed that valued Cepton stocks at over double the proposed $3.17 per share offered by Koito. The complaint suggests that when shareholders were asked to approve the merger, they were not adequately informed about this significant competing offer and the implications it had on their potential returns.

Former shareholders took action in the Delaware Court of Chancery, asserting that Cepton’s Board of Directors did not properly consider the competing offer nor transparently disclose its details. This lack of disclosure is viewed as a breach of fiduciary duty, preventing shareholders from making informed decisions about their investments.

Moreover, the lawsuit highlights potential conflicts of interest affecting Cepton's CEO, which could have influenced the handling of the merger process and the information shared with shareholders.

Investor Rights and Next Steps

Investors who feel they were misled or who have questions regarding their involvement are urged to reach out to Berger Montague. The firm has extensive experience in class action litigation related to securities fraud, boasting a history of representing both individual and institutional investors across the United States.

For those interested in becoming a lead plaintiff or learning more about their rights, direct contact information for key attorneys involved in the case has been provided:

• - Andrew Abramowitz: Senior Counsel (215-875-3015, [email protected])
• - Caitlin Adorni: Director of Portfolio Monitoring Services (267-764-4865, [email protected])

Conclusion

As the class action progresses, investors will be seeking to hold Cepton accountable for alleged misinformation and the resultant impact on their investments. This case serves as a reminder of the importance of transparency in financial markets, particularly during significant company transactions such as mergers or acquisitions. Shareholders of Cepton, Inc. who have concerns about the merger’s outcome are encouraged to monitor developments and consider their options carefully in light of the ongoing investigations and legal actions.