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News  ›  GlobeNewswire Inc.

Portnoy Law Firm Announces Class Action on Behalf of Gauzy, Ltd. Investors

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Lesley F. Portnoy
Portnoy Law Firm Announces Class Action on Behalf of Gauzy, Ltd. Investors

Portnoy Law Firm is initiating a class action lawsuit against Gauzy, Ltd. for allegedly making false and misleading statements about the company's financial condition, particularly regarding three French subsidiaries' potential insolvency and debt issues.

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The lawsuit alleges the company made materially false statements about its financial health, suggesting potential financial distress and potential insolvency of its French subsidiaries