Richtech Robotics Inc. Securities Class Action Lawsuit Filed; Lead Plaintiff Deadline April 3, 2026

Rhea-AI Summary

{"summary":"","positive":[],"negative":[],"faq":[]}

Key Figures

Class Period start: January 27, 2026 Class Period end time: 12:00 p.m. EST on January 29, 2026 Lead plaintiff deadline: April 3, 2026 +3 more

6 metrics

Class Period start January 27, 2026 Start of alleged class period for RR securities

Class Period end time 12:00 p.m. EST on January 29, 2026 End of alleged class period for RR securities

Lead plaintiff deadline April 3, 2026 Deadline to seek lead plaintiff appointment

Alleged stock drop more than 29% RR Class B stock decline over two trading days after Jan 29, 2026 article

Case number 26-cv-00231 Diez v. Richtech Robotics Inc. in D. Nev.

Toll-free contact 800-449-4900 Investor contact number for Robbins Geller Rudman & Dowd LLP

Market Reality Check

Price: $2.62 Vol: Volume 8,086,059 vs 20-da...

low vol

$2.62 Last Close

Volume Volume 8,086,059 vs 20-day average 36,290,266 (relative volume 0.22), indicating subdued trading ahead of this headline. low

Technical Shares at $2.62 are trading below the $3.29 200-day moving average and sit 64.74% under the 52-week high.

Peers on Argus

RR is up 0.38% while several machinery peers (e.g., GHM -3.56%, LXFR -3.07%, OFL...

RR is up 0.38% while several machinery peers (e.g., GHM -3.56%, LXFR -3.07%, OFLX -2.77%) are down, and no peers appear in the momentum scanner, pointing to stock-specific factors rather than a sector move.

Historical Context

5 past events · Latest: Feb 17 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Feb 17	Shareholder letter & results	Neutral	-7.4%	Strategic shift to RaaS and Q1 FY2026 results with larger GAAP loss.
Jan 29	Private placement closing	Negative	-20.9%	Closed $38.7M at-the-market private placement of 8.5M Class B shares.
Jan 28	Private placement deal	Negative	-7.8%	Announced definitive agreement for $38.7M private placement of 8.5M shares.
Jan 27	Microsoft AI collaboration	Positive	+44.6%	Announced AI Co-Innovation Lab collaboration integrating Azure AI into robots.
Dec 24	Dex CES debut	Positive	+8.3%	Planned CES 2026 debut of Dex humanoid robot and broader product lineup.

Pattern Detected

Recent news-driven moves have consistently aligned with the tone of each catalyst, with sharp reactions to financing and partnership headlines.

Recent Company History

Over the last few months, Richtech’s story has combined aggressive capital raising with high-profile AI and robotics initiatives. A January 27, 2026 Microsoft collaboration announcement saw a strong positive reaction, while successive private placement news on January 28–29, 2026 triggered notable declines. Subsequent shareholder communications and the CES Dex debut also moved the stock in line with their tone. Today’s class action notice follows this volatile backdrop of financings and partnership headlines.

Regulatory & Risk Context

Active S-3 Shelf · $1,000,000,000

Shelf Active

Active S-3 Shelf Registration 2025-09-23

$1,000,000,000 registered capacity

An effective S-3ASR shelf filed on September 23, 2025 allows Richtech to issue multiple security types, including up to $1,000,000,000 of Class B common stock under an ATM agreement, for working capital and general corporate purposes. This provides substantial financing flexibility alongside the company’s recent private placements.

Market Pulse Summary

This announcement details a securities class action covering trades between January 27–29, 2026, foc...

Analysis

This announcement details a securities class action covering trades between January 27–29, 2026, focused on alleged misstatements about a Microsoft relationship and citing a decline of more than 29% after a media report. It arrives after sizable equity raises and an effective shelf providing up to $1,000,000,000 of issuance capacity. Investors following the name may watch how the case progresses, any related disclosures, and future financing or partnership updates in this context.

Key Terms

securities class action, lead plaintiff

2 terms

securities class action regulatory

"Richtech Robotics Inc. Securities Class Action Lawsuit Filed; Lead Plaintiff Deadline"

A securities class action is a lawsuit brought by a group of investors who claim they lost money because a company or its executives made false or misleading statements about financial performance, risks, or business prospects. Think of it as many people pooling forces to challenge misleading information; it matters to investors because these cases can lead to large settlements or judgments, hurt a company’s reputation, drain cash, and cause share prices to fall or become more volatile.

lead plaintiff regulatory

"have until Friday, April 3, 2026 to seek appointment as lead plaintiff of the"

The lead plaintiff is the representative investor chosen to speak and act on behalf of a group of shareholders in a securities lawsuit. Think of them as the elected spokesperson for a neighborhood when everyone sues a landlord: they coordinate the legal case, make strategic decisions, and negotiate settlements, so their choices can shape outcomes and any recovery that reaches all affected investors. Investors care because the lead plaintiff’s resources and approach can influence the size and speed of any payout and the costs deducted from it.

AI-generated analysis. Not financial advice.

SAN DIEGO, Feb. 24, 2026 /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Richtech Robotics Inc. (NASDAQ: RR) publicly traded securities between January 27, 2026 and 12:00 p.m. EST on January 29, 2026, inclusive (the "Class Period"), have until Friday, April 3, 2026 to seek appointment as lead plaintiff of the Richtech Robotics class action lawsuit. Captioned Diez v. Richtech Robotics Inc., No. 26-cv-00231 (D. Nev.), the Richtech Robotics class action lawsuit charges Richtech Robotics and certain of Richtech Robotics' executives with violations of the Securities Exchange Act of 1934.

If you suffered substantial losses and wish to serve as lead plaintiff of the Richtech Robotics class action lawsuit, please provide your information here:

https://www.rgrdlaw.com/cases-richtech-robotics-inc-class-action-lawsuit-rr.html 

You can also contact attorney J.C. Sanchez of Robbins Geller by calling 800/449-4900 or via e-mail at info@rgrdlaw.com.

CASE ALLEGATIONS: Richtech Robotics develops, manufactures, deploys, and sells robotic solutions for automation in the service industry.

The Richtech Robotics class action lawsuit alleges that throughout the Class Period Richtech Robotics claimed that it had a collaborative and commercial relationship with Microsoft when it did not.

The Richtech Robotics class action lawsuit further alleges that on January 29, 2026 at 12:00 p.m. EST, Hunterbrook Media published an article entitled "Breaking: Microsoft Denies Partnership with Richtech Robotics," which alleged that "'Richtech participated in an AI Co-Innovation Lab engagement, which is a standard customer engagement focused on exploring and prototyping AI solutions using Microsoft technologies . . . . There is no commercial element in this lab engagement.'" On this news, the price of Richtech Robotics Class B stock fell more than 29% over two trading days, according to the complaint.

THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired Richtech Robotics publicly traded securities during the Class Period to seek appointment as lead plaintiff in the Richtech Robotics class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Richtech Robotics investor class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Richtech Robotics shareholder class action lawsuit. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Richtech Robotics class action lawsuit.

ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world's leading law firms representing investors in securities fraud and shareholder rights litigation. Our Firm ranked #1 on the most recent ISS Securities Class Action Services Top 50 Report, recovering more than $916 million for investors in 2025. This marks our fourth #1 ranking in the past five years. And in those five years alone, Robbins Geller recovered $8.4 billion for investors – $3.4 billion more than any other law firm. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs' firms in the world, and the Firm's attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information:

https://www.rgrdlaw.com/services-litigation-securities-fraud.html

Past results do not guarantee future outcomes. 

Services may be performed by attorneys in any of our offices. 

Contact:
	Robbins Geller Rudman & Dowd LLP
	J.C. Sanchez
	655 W. Broadway, Suite 1900, San Diego, CA 92101
	800-449-4900
	info@rgrdlaw.com

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SOURCE Robbins Geller Rudman & Dowd LLP