#United States #Philadelphia #class action lawsuit #Berger Montague #Inc #Cepton

Important Update for Cepton Investors

As many investors continue to navigate the complexities of the stock market, a critical alert has surfaced concerning Cepton, Inc. (NASDAQ: CPTN). Notably, the national law firm Berger Montague has announced a class action lawsuit against the company. This action is relevant to all who purchased or sold Cepton shares during the period stretching from July 29, 2024, to January 6, 2025.

What You Need to Know

Investors looking to establish their claim in this class action lawsuit have until December 8, 2025, to take action. Those affected may seek to be appointed as lead plaintiff representatives. This opportunity to join the lawsuit could be pivotal, especially for those who may have experienced financial loss due to potentially undisclosed information around an important merger. If you haven’t already, now is the time to familiarize yourself with your rights as a shareholder.

Cepton, a lidar technology firm based in San Jose, California, was recently acquired by Koito Manufacturing Co., Ltd. This acquisition occurred in January 2025. Post-acquisition, Cepton's stock ceased to be publicly traded, which adds urgency to the concerns raised.

Allegations Surrounding the Lawsuit

The allegations detailed in the lawsuit propose that Cepton's executives failed to disclose significant information during the shareholder approval process for the merger with Koito. Notably, the merger valuation was at $3.17 per share. However, it has come to light that a third-party acquisition bid valued Cepton more than twice that amount.

In the wake of the merger, former shareholders began legal proceedings against Cepton’s senior officers in the Delaware Court of Chancery. The redacted complaint released in September 2025 revealed that key documents suggested Cepton's proxy materials for the Koito transaction omitted critical details about this competing offer.

The allegations also assert that Cepton’s Board of Directors did not seriously pursue this alternative bid, nor did they inform shareholders of its details when advocating for the Koito deal. This lack of transparency arguably deprived shareholders of a fair chance to evaluate the proposed merger adequately.

Moreover, concerns regarding the CEO's conflicts of interest related to the Koito deal have emerged, complicating matters further and raising questions about the validity of the shareholder approval process itself.

Next Steps for Affected Investors

If you believe that you have been impacted by these events or if you are a shareholder of Cepton, you can click here to learn how to get involved with this legal action. For further inquiries, investors are encouraged to reach out to Andrew Abramowitz at Berger Montague via email or phone to discuss their situations personally.

This class action presents an opportunity for those affected to reclaim losses and hold accountable those responsible for any missteps during the acquisition process. Investors must not delay in exercising their rights as the deadline is imminent.

About Berger Montague

Founded over 55 years ago, Berger Montague is a nationally recognized firm specializing in complex civil litigation, class actions, and mass torts across federal and state courts in the United States. The firm has a proven track record with over $2.4 billion in post-trial judgments in 2025 alone, leading the way in areas such as antitrust and consumer protection. With offices in several key locations including Philadelphia, Chicago, and Minneapolis, they offer extensive resources for plaintiffs seeking justice.

In the pursuit of fairness and accountability, it is crucial for shareholders to stay informed and act promptly to protect their interests. Should you have any queries regarding your holdings in Cepton, don’t hesitate to reach out.