Gauzy Investors Face Feb. 6 Deadline To Seek Lead Role in Securities Class Action
The suit centers on alleged nondisclosures about French insolvency risks that exposed the company to a debt default.
Overview
- A federal securities class action has been filed over Gauzy’s disclosures during March 11–November 13, 2025, with a February 6, 2026 deadline to move for lead plaintiff.
- The complaint alleges Gauzy failed to reveal that three French subsidiaries could not meet debts, making court-ordered restructuring likely and rendering prior statements misleading.
- On November 14, 2025, the company announced Redressement Judiciaire for the three subsidiaries and acknowledged the proceedings constitute a default under its senior secured debt.
- Gauzy delayed its scheduled third-quarter 2025 results following the announcement, and the stock fell nearly 50% over two trading days to close at $2.02 on November 17, 2025.
- Law firms including Faruqi & Faruqi, Rosen Law Firm, and the Law Offices of Howard G. Smith are soliciting shareholders, and no class has been certified at this early stage.