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 is titled Diez v. Richtech Robotics Inc., and it involves purchasers of Richtech Robotics securities from January 27, 2026, to January 29, 2026 [1]. - Investors have until April 3, 2026, to seek appointment as lead plaintiff in the lawsuit [1]. - The lawsuit alleges that Richtech Robotics falsely claimed a commercial relationship with Microsoft during the class period [3]. Group 2: Impact of Allegations - On January 29, 2026, an article by Hunterbrook Media stated that Microsoft denied any partnership with Richtech Robotics, leading to a more than 29% drop in the price of Richtech Robotics Class B stock over two trading days [4]. Group 3: Legal Representation - Robbins Geller Rudman & Dowd LLP is representing investors in this class action lawsuit and is recognized as a leading law firm in securities fraud litigation [6]. - The firm has a strong track record, recovering over $916 million for investors in 2025 alone and $8.4 billion over the past five years [6].
Richtech Robotics Inc. Securities Class Action Lawsuit Filed; Lead Plaintiff Deadline April 3, 2026 – RGRD Law