Analyzing Cepton’s Alleged Fiduciary Duty Breaches
The Schall Law Firm, a renowned defendant rights litigation entity, has brought forward an investigation delving into possible infringements on the part of Cepton, Inc., referred to as “Cepton” or “the Company,” by its management and board of directors.
Investigative efforts hinge on determining if there have been transgressions of fiduciary duties towards shareholders by the Cepton board. On July 29, 2024, the Company disclosed an official statement declaring that it had entered into a definitive acquisition agreement with KOITO MANUFACTURING CO., LTD. (“Koito”), a prominent automotive tier one supplier, for the procurement of all outstanding capital stock of the Company not presently owned by Koito, at a rate of $3.17 per share in an all-cash transaction.
For existing shareholders desiring participation, the avenue lies in following this link.
It is advisable to engage with Brian Schall from the Schall Law Firm based in Los Angeles, CA, at 2049 Century Park East, Suite 2460, reachable via phone at 310-301-3335, for a complimentary discussion about your entitlements. An alternative means of contact includes visiting the firm’s website at www.schallfirm.com, or you can correspond via email at bschall@schallfirm.com.
Noteworthy, the Schall Law Firm, acknowledged for its global investor representation, specializes in managing securities class action lawsuits and litigations concerning shareholder rights.
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