1. A class action lawsuit has been filed against Cepton, Inc. 2. Investors allege undisclosed second offer valued Cepton over Koito's acquisition price. 3. Cepton's CEO had conflicts influencing the decision-making process. 4. Cepton's stock is now privately held after its acquisition. 5. Investors must act by December 8, 2025, to join the suit.
The lawsuit suggests potential fraud, which may undermine investor confidence, mirroring past cases like Theranos.
The ongoing legal issues can significantly impact investor sentiment and stock performance.
Immediate impacts due to legal proceedings could trigger investor concerns affecting stock interest.
PHILADELPHIA, Oct. 15, 2025 /PRNewswire/ -- 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.
Headquartered in San Jose, California, Cepton, Inc. is a lidar technology company. Having been acquired by Koito Manufacturing Co., Ltd. ("Koito") in January 2025, Cepton's stock is no longer publicly traded.
According to the complaint, when seeking shareholder approval of a merger proposal submitted by Koito, Cepton and its leadership failed to disclose a credible third-party offer that valued the Company at more than double the price of the Koito proposal. Cepton's Board of Directors allegedly failed to seriously evaluate that proposal and did not disclose its existence to shareholders in proxy materials for the Koito acquisition.
The lawsuit also alleges that Cepton CEO Jun Pei had significant conflicts of interest that influenced the Board's decision-making process. Investors learned the truth about Cepton through documents referenced in a Delaware lawsuit, which became public in September 2025.
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
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SOURCE Berger Montague