PHILADELPHIA, Oct. 13, 2025 (GLOBE NEWSWIRE) -- 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 appointed as a lead plaintiff representative of the class. To learn your rights, CLICK HERE.

Cepton is a technology company based in San Jose, California that develops lidar solutions for automotive and smart infrastructure applications. Having been acquired by Koito Manufacturing Co., Ltd. (“Koito”) in January 2025, Cepton’s stock is no longer publicly traded.

According to the complaint, Cepton misrepresented and omitted material information related to Koito’s merger proposal. Specifically, according to documents referenced in a lawsuit pending in Delaware, Cepton allegedly received a credible third-party bid that valued Cepton at more than double the price offered in the Koito transaction. The Board of Directors allegedly failed to evaluate or disclose this competing offer, depriving shareholders of the ability to make an informed decision.

The Delaware lawsuit also references documents that indicate that Cepton’s CEO had personal financial conflicts and improperly influenced the Board to accept the Koito deal.

If you are a Cepton investor and would like to learn more about this action, CLICK HERE or please contact Berger Montague: Andrew Abramowitz at aabramowitz@bergermontague.com or (215) 875-3015, or Caitlin Adorni at cadorni@bergermontague.com or (267)764-4865.

About Berger Montague
Berger Montague, with offices in Philadelphia, Minneapolis, Delaware, Washington, D.C., San Diego, San Francisco, Chicago, Malvern, PA, and Toronto has been a pioneer in securities class action litigation since its founding in 1970. Berger Montague has represented individual and institutional investors for over five decades and serves as lead counsel in courts throughout the United States.

For more information or to discuss your rights, please contact:
Andrew Abramowitz
Senior Counsel
Berger Montague
(215) 875-3015
aabramowitz@bergermontague.com

Caitlin Adorni
Director of Portfolio & Institutional Client Monitoring Services
Berger Montague
(267) 764-4865
cadorni@bergermontague.com