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Cepton Sued In Del. Over $125M Koito Take-Private Deal

By Jeff Montgomery ( May 19, 2025, 10:00 PM EDT) -- A Cepton Inc. stockholder has launched a proposed class action challenging the light detection and ranging technology company's $3.17-per-share, $125.4 million take-private acquisition by Japan-based Koito Manufacturing Inc. in Delaware's Court of Chancery, alleging fiduciary breaches by the company's CEO, four directors and the deal's investment banker....

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