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ROSEN, THE FIRST FILING FIRM, Encourages Richtech Robotics Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - RR
TMX Newsfile· 2026-02-17 20:22
New York, New York--(Newsfile Corp. - February 17, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Richtech Robotics Inc. (NASDAQ: RR) between January 27, 2026 and 12:00 PM ET on January 29, 2026, both dates inclusive (the "Class Period"), of the important April 3, 2026 lead plaintiff deadline in the securities class action first filed by the Firm.SO WHAT: If you purchased Richtech Robotics securities during the Class Period you may be entitled to compens ...
Richtech Robotics Inc. (RR) Securities Fraud: Contact Berger Montague To Discuss Your Rights
TMX Newsfile· 2026-02-17 15:21
Core Viewpoint - A class action lawsuit has been filed against Richtech Robotics Inc. for allegedly misleading investors about its relationship with Microsoft, leading to significant stock price declines when the truth was revealed [1][3]. Company Overview - Richtech Robotics Inc. is based in Las Vegas, Nevada, and specializes in designing and manufacturing AI-driven service robots for various industries, including hospitality, healthcare, and manufacturing [2]. Lawsuit Details - The lawsuit claims that Richtech misrepresented its relationship with Microsoft as a "hands-on collaboration" and "joint engineering effort," while it was actually a standard customer relationship [3]. - The market reacted negatively on January 27, 2026, when the truth about the relationship was disclosed, resulting in a substantial decline in Richtech's share price [3]. Investor Information - Investors who purchased Richtech securities during the class period from January 27, 2026, to January 29, 2026, have until April 3, 2026, to seek appointment as lead plaintiff representatives [2].
Richtech Robotics Inc. (RR) Investors with Substantial Losses Have Opportunity to Lead the Richtech Robotics Class Action Lawsuit
Prnewswire· 2026-02-17 14:40
Core Viewpoint - Richtech Robotics Inc. is facing a class action lawsuit due to allegations of misleading investors about its relationship with Microsoft, which has resulted in significant stock price declines [1] Group 1: Class Action Lawsuit Details - The class action lawsuit is titled Diez v. Richtech Robotics Inc., No. 26-cv-00231 (D. Nev.) and involves investors who purchased Richtech Robotics securities between January 27, 2026, and January 29, 2026 [1] - The lawsuit alleges that Richtech Robotics falsely claimed a commercial relationship with Microsoft during the class period [1] - Following the publication of an article by Hunterbrook Media on January 29, 2026, which denied any partnership with Microsoft, Richtech Robotics Class B stock fell more than 29% over two trading days [1] Group 2: Lead Plaintiff Process - Investors who suffered substantial losses during the class period can seek appointment as lead plaintiff in the class action lawsuit [1] - The lead plaintiff is typically the investor with the greatest financial interest in the case and represents the interests of all class members [1] - The lead plaintiff has the authority to select a law firm to litigate the case, but participation as lead plaintiff is not required to share in any potential recovery [1] Group 3: About Robbins Geller - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder rights litigation, having recovered over $916 million for investors in 2025 alone [1] - The firm has a strong track record, recovering $8.4 billion for investors over the past five years, significantly more than any other law firm [1] - Robbins Geller is recognized for obtaining some of the largest securities class action recoveries in history, including a record $7.2 billion in the Enron case [1]
Richtech Robotics Issues Shareholder Letter
Globenewswire· 2026-02-17 13:30
Core Viewpoint - Richtech Robotics is strategically evolving into three core business pillars: commercial, industrial, and data services, while maintaining a strong financial position following its Q1 FY2026 filing [1][8]. Business Strategy - The company has identified three target markets with labor constraints and successfully deployed robotics solutions, leading to a recalibration of its business structure to capture market share in high-growth industries [3][4]. - Richtech Robotics has developed a purpose-built robotics approach, focusing on specific solutions for commercial and industrial use, which allows for task perfection before scaling [4]. Financial Performance - In Q1 FY2026, Richtech Robotics reported RaaS revenue of $0.3 million, a 31% increase from the previous year, while reducing hardware robotics sales initiatives [5]. - The company experienced a net loss of $8.4 million in Q1 FY2026, primarily due to non-cash stock-based compensation, but adjusted net loss was approximately $(0.1) million [7]. Revenue Streams - The company’s revenue model is shifting towards a recurring revenue model through its Robots-as-a-Service (RaaS) initiative, while still maintaining a mix of product sales [5]. - Richtech Robotics has established a data services segment that leverages real-world data from its deployments, providing training sets to top-tier AI companies [6]. Product Offerings - The commercial robotics segment includes hospitality robots like ADAM and Matradee, which address labor shortages in hospitality and retail environments [6]. - The industrial robotics segment features the mobile humanoid robot Dex, designed for production and manufacturing, utilizing NVIDIA's Isaac Sim technology [6]. Financial Position - As of December 31, 2025, the company had total liquidity of $328.8 million, including $271.8 million in cash and cash equivalents, allowing for continued investment in R&D and business development [7].
Investors who lost money with Richtech Robotics Inc. (NASDAQ: RR) shares should contact the Shareholders Foundation in connection with Lawsuit
Prnewswire· 2026-02-17 13:05
Investors who lost money with Richtech Robotics Inc. (NASDAQ: RR) shares should contact the Shareholders Foundation in connection with Lawsuit [Accessibility Statement] Skip NavigationSAN DIEGO, Feb. 17, 2026 /PRNewswire/ -- The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain investors in NASDAQ: RR shares over alleged securities laws violations by Richtech Robotics Inc.Investors who purchased shares of Richtech Robotics Inc. (NASDAQ: RR) have certain options and there are shor ...
Holzer & Holzer, LLC Reminds RR Investors of the April 3, 2026 Lead Plaintiff Deadline in the Richtech Robotics Inc. Securities Class Action
Globenewswire· 2026-02-17 13:04
ATLANTA, Feb. 17, 2026 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against Richtech Robotics Inc. (“Richtech” or the “Company”) (NASDAQ: RR). The lawsuit alleges that Defendants issued false and misleading statements and/or failed to disclose material adverse facts, including allegations that Richtech claimed it had a collaborative and commercial relationship with Microsoft when it did not. If you purchased Richtech shares between January 27, 2026 and 12:00 PM EST on January 29, 20 ...
ROSEN, A RANKED AND LEADING LAW FIRM, Encourages Richtech Robotics Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - RR
TMX Newsfile· 2026-02-16 20:17
Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of Richtech Robotics Inc. during the specified class period of the upcoming lead plaintiff deadline for a securities class action lawsuit [1]. Group 1: Class Action Details - Investors who bought Richtech Robotics securities between January 27, 2026, and January 29, 2026, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by April 3, 2026 [3]. - The lawsuit alleges that Richtech made false claims about its relationship with Microsoft, which misled investors regarding the company's business and prospects [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in this area [4]. - The firm has secured significant settlements for investors, including over $438 million in 2019 alone, and has been recognized as a leader in the field of securities class action litigation [4].
RR INVESTOR ALERT: Richtech Robotics (RR) Facing Securities Class Action Amid Questions About Possible Pump and Dump – Hagens Berman
Globenewswire· 2026-02-16 18:11
Core Viewpoint - Richtech Robotics is facing a securities class action lawsuit following a significant drop in its stock price after a report revealed that Microsoft denied a commercial partnership with the company, leading to a decline of over 20% in share value on January 29, 2026 [1][6]. Group 1: Lawsuit and Investigation - The lawsuit aims to represent investors who acquired Richtech securities between January 27, 2026, and January 29, 2026 [2]. - Hagens Berman, a national shareholder rights law firm, has initiated an investigation into the claims that Richtech violated federal securities laws [2][7]. - The lead plaintiff deadline for the lawsuit is set for April 3, 2026 [2]. Group 2: Company Statements and Market Reaction - On January 27, 2026, Richtech announced a collaboration with Microsoft, which initially caused its stock price to surge by 30% due to perceived commercial potential [4]. - However, on January 29, 2026, Hunterbrook Media reported that Microsoft characterized the engagement as a standard customer program without any commercial element, leading to a rapid decline in Richtech's stock price by over 20% [6]. Group 3: Allegations of Misleading Information - The lawsuit alleges that Richtech misled investors regarding the nature of its relationship with Microsoft, suggesting a meaningful collaboration that did not exist [5][6]. - Hagens Berman's investigation is focused on whether Richtech intentionally misled investors to facilitate a dilutive equity raise [7].
ROSEN, SKILLED INVESTOR COUNSEL, Encourages Richtech Robotics Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - RR
TMX Newsfile· 2026-02-14 18:15
Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of Richtech Robotics Inc. during a specified class period of the upcoming lead plaintiff deadline for a securities class action lawsuit [1]. Group 1: Class Action Details - The class period for the securities class action is from January 27, 2026, to January 29, 2026, at 12:00 PM ET [1]. - Investors who purchased Richtech Robotics securities during this period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A lead plaintiff must file a motion with the court by April 3, 2026, to represent other class members in the litigation [3]. Group 2: Case Allegations - The lawsuit alleges that Richtech Robotics made false and misleading statements regarding its relationship with Microsoft, claiming a collaboration that did not exist [5]. - As a result of these misleading statements, the lawsuit claims that investors suffered damages when the truth was revealed [5]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company and being ranked No. 1 for securities class action settlements in 2017 [4]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4].
INVESTOR ALERT: Richtech Robotics Inc. Investors with Substantial Losses Have Opportunity to Lead the Richtech Robotics Class Action Lawsuit – RGRD Law
Globenewswire· 2026-02-14 17:30
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].