ROSEN, TOP RANKED GLOBAL COUNSEL, Encourages Richtech Robotics Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - RR
TMX Newsfile·2026-02-07 02:52

Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of securities of Richtech Robotics Inc. for the period between January 27, 2026, and January 29, 2026, alleging false and misleading statements by the company [1][5]. Summary by Sections Class Action Details - The class action lawsuit is aimed at investors who purchased Richtech Robotics securities during the specified Class Period and may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - Investors wishing to serve as lead plaintiffs must file a motion with the court by April 3, 2026 [1][3]. Allegations Against Richtech Robotics - The lawsuit claims that Richtech Robotics made false statements regarding its relationship with Microsoft, asserting a collaborative and commercial relationship that did not exist [5]. - As a result of these misleading statements, the lawsuit contends that the company's business operations and prospects were misrepresented, leading to investor damages when the truth was revealed [5]. Rosen Law Firm's Credentials - Rosen Law Firm emphasizes its experience and success in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company [4]. - The firm has been recognized for its performance in securities class action settlements, ranking No. 1 in 2017 and consistently in the top 4 since 2013, recovering hundreds of millions of dollars for investors [4].