PMI INVESTOR NOTICE: Faruqi & Faruqi, LLP Reminds Picard Medical (PMI) Investors of Securities Class Action Deadline on April 3, 2026
New York TimesNew York Times(US:NYT) TMX Newsfile·2026-02-07 13:23

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Picard Medical, Inc. due to allegations of securities law violations, encouraging affected investors to come forward [2][4]. Group 1: Legal Investigation and Claims - The law firm is reminding investors of the April 3, 2026 deadline to seek the role of lead plaintiff in a federal securities class action against Picard Medical [2]. - Allegations against Picard Medical include involvement in a fraudulent stock promotion scheme and misleading public statements regarding the company's financial health [4]. Group 2: Stock Performance and Impact - On October 24, 2025, Picard Medical's shares closed at $5.31, a significant drop from $13.20 on October 23, 2025, representing a decline of $7.89 per share or approximately 59.8% in a single trading session [5]. Group 3: Firm Background - Faruqi & Faruqi, LLP has recovered hundreds of millions of dollars for investors since its establishment in 1995, with offices in New York, Pennsylvania, California, and Georgia [3].

New York Times-PMI INVESTOR NOTICE: Faruqi & Faruqi, LLP Reminds Picard Medical (PMI) Investors of Securities Class Action Deadline on April 3, 2026 - Reportify