Gauzy Investors Face Feb. 6 Deadline in Securities Class Action Over French Insolvency Disclosure
The case centers on claims that Gauzy concealed looming insolvency at French units that made a debt default likely.
Overview
- A class action has been filed for purchasers of Gauzy securities between March 11, 2025 and November 13, 2025.
- Complaints allege materially false or misleading statements about three French subsidiaries that allegedly could not meet debts as they came due.
- On November 14, 2025, Gauzy disclosed court-ordered Redressement Judiciaire for three French subsidiaries, said this constitutes a default under its senior secured debt, and delayed its third-quarter results.
- Following the disclosure, the stock fell about $2, or roughly 50 percent, over two trading days to close at $2.02 on November 17, 2025, on unusually heavy volume.
- Multiple law firms are inviting investors to seek lead-plaintiff status by February 6, 2026, and no class has been certified at this stage.