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News  ›  GlobeNewswire Inc.

Deadline Alert: Gauzy Ltd. (GAUZ) Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Glancy Prongay & Murray Llp
Deadline Alert: Gauzy Ltd. (GAUZ) Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit

Gauzy Ltd. faces a class action lawsuit after announcing French subsidiary insolvency proceedings, which triggered a potential debt default and caused significant stock price decline.

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GAUZ   negative

Company disclosed insolvency proceedings for French subsidiaries, potential debt default, delayed financial reporting, and experienced a 49.8% stock price drop over two trading days