RR UPCOMING DEADLINE: Faruqi & Faruqi, LLP Reminds Richtech Robotics (RR) Investors of Securities Class Action Deadline on April 3, 2026
Richtech Robotics Richtech Robotics (US:RR) TMX Newsfile·2026-02-18 01:41

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Richtech Robotics Inc. due to allegations of false and misleading statements regarding its relationship with Microsoft, which has led to significant stock price declines [2][4]. Company Overview - Richtech Robotics Inc. (NASDAQ: RR) is under scrutiny for allegedly violating federal securities laws by misrepresenting its business relationships and prospects [4]. - The firm Faruqi & Faruqi has a history of recovering hundreds of millions of dollars for investors since its establishment in 1995 [3]. Legal Proceedings - A federal securities class action has been filed against Richtech, with a deadline of April 3, 2026, for investors to seek the role of lead plaintiff [2][6]. - The lead plaintiff is defined as the investor with the largest financial interest who directs the litigation on behalf of the class [6]. Stock Performance - Following a critical report questioning Richtech's collaboration with Microsoft, the company's stock fell by $1.06, or 20.87%, closing at $4.02 on January 29, 2026 [5].