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ROSEN, LEADING INVESTOR COUNSEL, Encourages 3D Systems Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - DDD
3D Systems3D Systems(US:DDD) GlobeNewswire News Roomยท2025-06-17 16:13

Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of 3D Systems Corporation securities during the specified Class Period, indicating potential legal issues for the company and its investors [1][5]. Group 1: Class Action Details - The class action lawsuit is filed for securities purchased between August 13, 2024, and May 12, 2025, and investors may be entitled to compensation without upfront costs through a contingency fee arrangement [2][5]. - Investors wishing to serve as lead plaintiff must file a motion by August 12, 2025, and a lead plaintiff will represent other class members in the litigation [3][5]. Group 2: Allegations Against 3D Systems - The lawsuit claims that 3D Systems made false and misleading statements regarding its business resilience and the impact of weakened customer spending [5]. - It is alleged that the company overstated its resilience in challenging industry conditions and failed to disclose negative impacts on its Regenerative Medicine Program revenue due to updated milestone criteria in a partnership with United Therapeutics Corporation [5]. - The lawsuit asserts that these misleading public statements resulted in investor damages when the true details became known [5]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4]. - In 2019, the firm secured over $438 million for investors, showcasing its effectiveness in representing investor rights [4].