Core Viewpoint - A class action lawsuit has been filed against Richtech Robotics Inc. for allegedly making false statements regarding its relationship with Microsoft, leading to significant investor losses during the specified class period [2][6]. Allegation Details - The lawsuit claims that Richtech misrepresented its collaborative and commercial relationship with Microsoft, which did not exist, resulting in materially false and misleading statements about the company's business and prospects [6]. - Following the revelation of these misleading statements, Richtech's stock price fell by 20.87% on January 29, 2026, after a critical report questioned the company's Microsoft collaboration [6]. Next Steps - Investors who purchased Richtech shares between January 27, 2026, and January 29, 2026, and suffered losses are encouraged to contact Bragar Eagel & Squire for more information and to discuss their legal rights [4]. - The deadline for investors to apply to be appointed as lead plaintiff in the lawsuit is April 3, 2026 [2]. About the Law Firm - Bragar Eagel & Squire, P.C. is a nationally recognized law firm that represents individual and institutional investors in various types of litigation, including securities and commercial litigation [5]. - The firm operates nationwide with offices in New York, South Carolina, and California [5].
RICHTECH CLASS ACTION REMINDER: Bragar Eagel & Squire, P.C. Reminds Investors that a Class Action Lawsuit Has Been Filed Against Richtech Robotics Inc. and Encourages Investors to Contact the Firm