Gauzy Investors Urged to Seek Counsel as Feb. 6 Lead‑Plaintiff Deadline Nears
The lawsuit focuses on alleged nondisclosure of insolvency risks at French units that could trigger debt defaults.
Overview
- Multiple investor-rights firms, including Faruqi & Faruqi, the Law Offices of Howard G. Smith, and Rosen Law Firm, are soliciting shareholders ahead of the February 6, 2026 deadline to seek lead‑plaintiff status.
- The federal securities class action covers investors who bought Gauzy shares between March 11, 2025 and November 13, 2025.
- The complaint alleges Gauzy failed to disclose that three French subsidiaries lacked funds to meet debts, making insolvency proceedings and a default under senior secured facilities substantially likely.
- On November 14, 2025, Gauzy disclosed French Redressement Judiciaire proceedings for the subsidiaries, flagged potential defaults, and postponed its scheduled third‑quarter results release.
- Gauzy’s stock fell roughly 50% over two trading days to close at $2.02 on November 17, 2025, and notices emphasize that no class has been certified and investors may choose their own counsel.