3D Systems Corporation Investors: Important Class Action Update
As shareholders of 3D Systems Corporation, here is an urgent update about a
class action lawsuit that could impact your investments. The notice comes from Levi & Korsinsky, LLP, a law firm noted for its dedication to representing investors. This impending lawsuit could allow eligible investors to recover losses connected to securities fraud allegations.
What You Need to Know
The class action relates to the period of August 13, 2024, to May 12, 2025. During this time, 3D Systems Corporation reportedly made several misleading statements regarding its financial health and customer spending. Investors were purportedly led to believe in the company’s robust positioning despite significant downturns in customer demand. This has raised concerns about the accuracy of the public statements released during that time.
Allegations Summary
The complaint alleges that the defendants:
1.
Understated Impact of Weakened Spending: They failed to accurately convey how reduced customer spending affected the business.
2.
Overstated Resilience: 3D Systems allegedly overstated its resilience during adverse economic conditions.
3.
Partnership Issues: Concerns regarding an updated milestone in its partnership with United Therapeutics Corporation were not adequately disclosed, negatively affecting their regenerative medicine revenues.
These topics highlight significant misinformation that may have misled investors and inflated the company’s stock prices. Such concerns lie at the core of the legal action.
Deadline for Participation
If you have incurred financial losses due to these alleged misrepresentations, the deadline to apply as a lead plaintiff is
August 12, 2025. While your participation can contribute to a successful class action, serving in this capacity is not a prerequisite to partake in any potential settlements.
No Costs Involved
It is crucial to mention that class members may recover compensation without incurring any out-of-pocket expenses. This lawsuit represents a no-cost opportunity for investors to potentially recover their losses.
About Levi & Korsinsky
Levi & Korsinsky has a long-standing reputation in securities litigation, having secured hundreds of millions of dollars for shareholders over the past two decades. The expertise exhibited by this law firm has earned them a spot within the top securities litigation firms in the United States according to ISS Securities Class Action Services.
Contact Information
Investors wishing to learn more or initiate claims can reach out to Joseph E. Levi, Esq. at Levi & Korsinsky, LLP through:
- - Email: [email protected]
- - Phone: (212) 363-7500
Conclusion
As a shareholder of 3D Systems Corporation, staying informed and proactive about your rights is vital. Participating in this class action lawsuit could be a significant step towards recovering your losses, and participants can proceed without incurring costs. The mentioned deadline of August 12, 2025, marks a critical window for action, and prompt engagement is recommended.
For a complete overview and further updates on this class action suit, please stay tuned and consult with the law firm for ongoing communications.