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The DJS Law Group has reminded investors of a class action lawsuit against Richtech Robotics Inc. (“Richtech” or “the Company”) (NASDAQ: RR), alleging violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 under the U.S. Securities and Exchange Commission.
Shareholders who purchased shares of RR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to participate in any recovery.
According to the complaint, the company made false and misleading statements to the market. The complaint alleges that Richtech created a false impression for investors that it had entered into a commercial relationship with Microsoft. Based on these facts, the complaint states that Richtech’s public statements were false and materially misleading throughout the class period.
The notice states that investors who suffered a loss may contact the firm to participate in the matter.
David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: [email protected]
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
