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Cepton, Inc. Securities Fraud Class Action

Overview

The Rosen Law Firm, a prominent global investor rights law firm, is alerting investors regarding the class action lawsuit against Cepton, Inc. (NASDAQ: CPTN). If you bought or sold common stock of Cepton between July 29, 2024, and January 6, 2025, inclusive of both dates, you may have a claim. The crucial deadline for leading the plaintiffs in this class action is December 8, 2025.

Opportunity for Investors

Purchasers or sellers of Cepton's common stock during the specified class period could be entitled to receive compensation without having to incur any out-of-pocket expenses. This is possible through a contingency fee arrangement, a financial model where fees are only paid if the case is successful.

How to Participate

To participate in this class action, investors can visit the Rosen Law Firm's submission page at https://rosenlegal.com/submit-form/?case_id=45981 or can contact attorney Phillip Kim directly at 866-767-3653 or via email at [email protected]. If a lead plaintiff position is desired, motions must be filed with the court by the December 8 deadline.

The Case Details

The lawsuit alleges that Cepton, Inc. misled investors by making false statements regarding its business operations and compliance policies. Key points raised in the alleged misconduct include:

• - The company reportedly received a credible third-party acquisition bid that valued Cepton at over twice the worth of its merger with Koito Manufacturing Co., Ltd.
• - Cepton’s Board of Directors allegedly failed to adequately explore this superior offer and did not disclose its terms when advocating for the Koito Acquisition to shareholders.
• - Consequently, investors were deprived of the opportunity to make informed decisions regarding the acceptance or rejection of the Koito deal.

This situation raises significant concerns about transparency and accountability at Cepton regarding shareholder interests, with accusations suggesting public statements were misleading throughout the class period.

Why Choose the Rosen Law Firm?

The Rosen Law Firm stands out as seasoned counsel with a focus on securities class actions. They have an impressive track record, being recognized as the leading firm in terms of settlements in securities class action cases. Notably, they secured the largest-ever class action settlement against a Chinese company and have consistently recovered substantial sums for investors over the years. In 2019 alone, über they retrieved over $438 million for their clients. Their founding partner, Laurence Rosen, was hailed as a Titan of the Plaintiffs’ Bar by Law360, adding to their credibility in the legal field.

Noteworthy Statistics:

• - Ranked No. 1 by ISS Securities Class Action Services for securities class action settlements in 2017.
• - In the top four across each year since 2013.
• - Hundreds of millions of dollars recovered for investors.

Important Considerations

As the class action is in its initial stages, no class has yet been certified. Investors are not automatically represented unless they retain counsel. You may also opt to remain an absent class member without any immediate action required. However, participating as a lead plaintiff is a significant role that indicates commitment to the case and entails responsibilities in directing litigation.

Conclusion

If you are a Cepton, Inc. investor affected by the events of the alleged fraud, now is the time to act and possibly join this important securities class action lawsuit. Keep abreast of updates through the Rosen Law Firm’s social media channels for the latest information on case developments.

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For more details, visit Rosen Law's official site at www.rosenlegal.com or check their announcements on LinkedIn, Twitter, and Facebook.