Richtech Robotics (RR)
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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].
RR SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Reminds Richtech Robotics (RR) Investors of Securities Class Action Deadline on April 3, 2026
Globenewswire· 2026-02-14 12:32
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 [4][6]. Group 1: Legal Investigation - Faruqi & Faruqi is encouraging investors who suffered losses in Richtech to contact them to discuss legal options [1]. - The firm has set an April 3, 2026 deadline for investors to seek the role of lead plaintiff in a federal securities class action against Richtech [4]. - The complaint alleges that Richtech misrepresented its relationship with Microsoft, impacting the company's business outlook [6]. Group 2: 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 [7]. - The decline in stock price occurred amid broader market weakness, indicating potential vulnerabilities in investor confidence [7]. Group 3: Investor Participation - Any member of the putative class can move the court to serve as lead plaintiff, and their ability to share in any recovery is not affected by this decision [8]. - Faruqi & Faruqi is also seeking information from whistleblowers, former employees, and shareholders regarding Richtech's conduct [9].
Richtech Robotics (RR) Hit with Securities Class Action Amid Questions About Possible Pump and Dump - Hagens Berman
TMX Newsfile· 2026-02-13 21:45
Core Viewpoint - Richtech Robotics is facing a securities class action lawsuit following a significant drop in its stock price after Microsoft denied a commercial partnership that Richtech had previously announced [1][6]. Company Developments - On January 27, 2026, Richtech announced a collaboration with Microsoft, which led to a 30% increase in its stock price due to perceived commercial potential [4]. - Two days later, on January 29, 2026, Hunterbrook Media reported that Microsoft characterized the engagement as a standard customer program without any commercial element, resulting in a more than 20% decline in Richtech's stock price [6]. Legal Proceedings - The lawsuit aims to represent investors who acquired Richtech securities between January 27, 2026, and January 29, 2026, alleging that Richtech misled investors regarding its relationship with Microsoft [1][2]. - Hagens Berman, a law firm, is investigating claims that Richtech violated federal securities laws and is encouraging affected investors to come forward [2][7]. Financial Implications - Richtech's announcement of a dilutive private placement of 8.5 million Class B common shares on January 28, 2026, is under scrutiny, as it coincided with the misleading statements about the partnership with Microsoft [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
Globenewswire· 2026-02-13 19:48
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 Robotics Inc. (NASDAQ: RR) Faces Revenue Shortfall and Legal Deadline
Financial Modeling Prep· 2026-02-13 15:03
Financial Performance - Richtech Robotics Inc. (NASDAQ:RR) reported an earnings per share (EPS) of -$0.02, which matched the estimated EPS of -$0.02 [1][5] - The company generated a revenue of $1.4 million, falling short of the estimated $2.34 million, indicating challenges in meeting market expectations [1][5] - The negative price-to-earnings (P/E) ratio of approximately -30.61 suggests ongoing losses for the company [3][5] - The price-to-sales ratio is high at 102.40, indicating that investors are paying a premium for each dollar of sales [3][5] Cash Flow and Liquidity - The enterprise value to operating cash flow ratio is negative at -43.01, highlighting difficulties in generating cash flow from operations [4] - The earnings yield is also negative at -3.27%, emphasizing financial struggles [4] - Despite these challenges, the company has a low debt-to-equity ratio of 0.0018, indicating minimal reliance on debt financing [4][5] - The high current ratio of 35.73 suggests strong liquidity and the ability to cover short-term liabilities [4][5] Legal Matters - Investors are reminded of the approaching deadline of April 3, 2026, to apply for the role of lead plaintiff in an ongoing federal securities class action against RR [2][5]
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Richtech Robotics Inc. of Class Action Lawsuit and Upcoming Deadlines - RR
Prnewswire· 2026-02-12 23:42
Core Viewpoint - A class action lawsuit has been filed against Richtech Robotics Inc. for alleged securities fraud and unlawful business practices, following a report that questioned the company's claims about its partnership with Microsoft [1]. Group 1: Lawsuit Details - The class action lawsuit is focused on whether Richtech and its officers engaged in securities fraud or other unlawful business practices [1]. - Investors who purchased Richtech securities during the Class Period have until April 3, 2026, to apply to be appointed as Lead Plaintiff [1]. Group 2: Allegations and Impact - A report by Hunterbrook Media alleged that Richtech mischaracterized its relationship with Microsoft, claiming a "close collaboration" when it was merely a standard customer program without commercial elements [1]. - Following the report, Richtech's stock price dropped by $1.06 per share, or 20.87%, closing at $4.02 per share on January 29, 2026 [1]. Group 3: Company Background - Pomerantz LLP, the law firm handling the case, is recognized for its expertise in corporate, securities, and antitrust class litigation, having recovered numerous multimillion-dollar damages awards for class members [1].
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of April 3, 2026 in Richtech Lawsuit - RR
Prnewswire· 2026-02-12 20:00
Core Viewpoint - The Gross Law Firm is notifying shareholders of Richtech Robotics Inc. about a lead plaintiff deadline for a class action lawsuit related to misleading statements made by the company regarding its relationship with Microsoft [1] Summary by Relevant Sections Class Action Details - Shareholders who purchased shares of Richtech Robotics (NASDAQ: RR) between January 27, 2026, and January 29, 2026, are encouraged to contact the Gross Law Firm for potential lead plaintiff appointment [1] - The deadline for seeking lead plaintiff status is April 3, 2026 [1] Allegations - The lawsuit alleges that Richtech made materially false and misleading statements, specifically claiming a collaborative and commercial relationship with Microsoft that did not exist [1] - As a result, the statements made by the defendants regarding Richtech's business, operations, and prospects were deemed materially false and misleading [1] Next Steps for Shareholders - Shareholders who register will be enrolled in a portfolio monitoring software to receive updates throughout the case [1] - Participation in the case incurs no cost or obligation for the shareholders [1] Firm's Mission - The Gross Law Firm aims to protect the rights of investors affected by deceit, fraud, and illegal business practices, ensuring companies adhere to responsible business practices [1]
Deadline Alert: Richtech Robotics Inc. (RR) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud Lawsuit
Businesswire· 2026-02-12 19:11
Core Viewpoint - Richtech Robotics Inc. is facing a securities fraud lawsuit following misleading statements regarding its collaboration with Microsoft, which led to significant stock price fluctuations during the specified class period [1]. Group 1: Company Overview - Richtech Robotics Inc. (NASDAQ: RR) announced a collaboration with Microsoft's AI Co-Innovation Labs on January 27, 2026, which resulted in a 44.6% increase in stock price [1]. - The company subsequently faced a stock price drop of $1.06, or 20.9%, to close at $4.02 per share on January 29, 2026, after a report indicated that the collaboration was merely a standard customer program without commercial elements [1]. Group 2: Legal Proceedings - A class action lawsuit has been filed on behalf of investors who purchased Richtech securities between January 27, 2026, and January 29, 2026, with a deadline of April 3, 2026, to file a lead plaintiff motion [1]. - The lawsuit alleges that Richtech made materially false and misleading statements about its business and operations, specifically regarding the nature of its relationship with Microsoft [1].
Richtech Robotics Inc. (NASDAQ: RR) Quarterly Earnings Preview and Legal Update
Financial Modeling Prep· 2026-02-12 10:00
Earnings Expectations - Richtech Robotics Inc. (NASDAQ:RR) is expected to report an earnings per share (EPS) of -$0.02 and revenue of approximately $2.34 million for the upcoming quarter on February 13, 2026 [1][6]. Legal Proceedings - Investors are reminded of the April 3, 2026, deadline to apply for the lead plaintiff role in the ongoing federal securities class action against RR, which is crucial for directing litigation strategies [2][6]. Financial Health - The company faces challenges with a negative price-to-earnings (P/E) ratio of -38.81 and a high price-to-sales ratio of 109.02, indicating a premium price paid by investors for each dollar of sales [3][6]. - Despite these financial hurdles, RR maintains a minimal debt-to-equity ratio of 0.0027, indicating low reliance on debt financing, and a high current ratio of 107.45, suggesting strong liquidity [5][6]. - The enterprise value to sales ratio is at 70.78, while the enterprise value to operating cash flow ratio is -39.49, highlighting negative cash flow [4].
Here's why the Rolls-Royce share price may pop to 1,500p soon
Invezz· 2026-02-12 09:12
Core Viewpoint - Rolls-Royce's share price increased by over 1% as investors capitalized on a recent dip following the launch of its new modular gas engine power plants [1] Group 1 - The share price of Rolls-Royce rose to a high of 1,260p from the year-to-date low [1]