Core Viewpoint - A class action lawsuit has been filed against Richtech Robotics Inc. for alleged securities fraud and unlawful business practices, following a report that questioned the company's claims about its partnership with Microsoft [1]. Group 1: Lawsuit Details - The class action lawsuit is focused on whether Richtech and its officers engaged in securities fraud or other unlawful business practices [1]. - Investors who purchased Richtech securities during the Class Period have until April 3, 2026, to apply to be appointed as Lead Plaintiff [1]. Group 2: Allegations and Impact - A report by Hunterbrook Media alleged that Richtech mischaracterized its relationship with Microsoft, claiming a "close collaboration" when it was merely a standard customer program without commercial elements [1]. - Following the report, Richtech's stock price dropped by $1.06 per share, or 20.87%, closing at $4.02 per share on January 29, 2026 [1]. Group 3: Company Background - Pomerantz LLP, the law firm handling the case, is recognized for its expertise in corporate, securities, and antitrust class litigation, having recovered numerous multimillion-dollar damages awards for class members [1].
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Richtech Robotics Inc. of Class Action Lawsuit and Upcoming Deadlines - RR