Bronstein, Gewirtz & Grossman LLC Urges zSpace, Inc. Investors to Act: Class Action Filed Alleging Investor Harm

Bronstein, Gewirtz & Grossman, LLC announced on May 3, 2026 that it has filed a class action lawsuit against zSpace, Inc. (OTC Pink: ZSPC) and certain of its officers. The case seeks to recover damages for alleged violations of federal securities laws on behalf of investors who purchased or otherwise acquired zSpace securities pursuant to the registration statement and prospectus issued in connection with the company’s December 4, 2024 initial public offering (IPO).

Allegations in the complaint

The complaint alleges that the registration statement contained false and/or misleading statements and/or failed to disclose certain information, including that:

• Before zSpace filed its Form S-1, a purchaser of Series E and Series F preferred stock emailed Defendant DeOliveira concerning financial statements that the defendants allegedly owed to the shareholder under the preferred stock purchase agreement.
• A purchaser of zSpace’s preferred shares was not named in the registration statement.
• Defendants allegedly failed to fulfill their obligations to their preferred shareholder, and that such failure would result in litigation.
• Risk disclosures were allegedly materially false and misleading at relevant times by downplaying the risk of litigation as hypothetical at the time of the IPO.

What investors can do

The lawsuit has already been filed. Investors are encouraged to review a copy of the complaint through the firm’s website at bgandg.com/ZSPC. The firm states that investors who suffered a loss in zSpace have until June 22, 2026 to request that the court appoint them as lead plaintiff. The firm also notes that an investor’s ability to share in any recovery does not require serving as lead plaintiff.

Contingency-fee representation

Bronstein, Gewirtz & Grossman, LLC says it represents investors in class actions on a contingency fee basis. Under this arrangement, the firm will ask the court to reimburse out-of-pocket expenses and attorneys’ fees—typically as a percentage of any total recovery—only if the firm is successful.

Firm statement and contact information

Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC, said the firm’s practice focuses on restoring investor capital and ensuring corporate accountability.

For information, the firm lists Peretz Bronstein, Esq. or Nathan Miller at 917-590-0911 and info@bgandg.com.

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