Core Viewpoint - Richtech Robotics Inc. is facing a class action lawsuit for allegedly misleading investors about its relationship with Microsoft, which has resulted in significant stock price declines [3][4]. Group 1: Class Action Lawsuit Details - The class action lawsuit against Richtech Robotics is titled Diez v. Richtech Robotics Inc., and it allows investors who purchased securities between January 27, 2026, and January 29, 2026, to seek lead plaintiff status by April 3, 2026 [1]. - The lawsuit alleges that Richtech Robotics falsely claimed a commercial relationship with Microsoft during the class period [3]. - Following the publication of an article by Hunterbrook Media on January 29, 2026, which denied any partnership with Microsoft, Richtech Robotics' Class B stock price fell by over 29% within two trading days [4]. Group 2: Company Background - Richtech Robotics specializes in developing, manufacturing, deploying, and selling robotic solutions for automation in the service industry [2]. - Robbins Geller Rudman & Dowd LLP, the law firm representing the investors, is recognized as a leading firm in securities fraud and shareholder rights litigation, having recovered over $916 million for investors in 2025 alone [6].
INVESTOR ALERT: Richtech Robotics Inc. Investors with Substantial Losses Have Opportunity to Lead the Richtech Robotics Class Action Lawsuit – RGRD Law