Investor Alert: Pomerantz Law Firm's Inquiry into 3D Systems Corporation Issues
On May 20, 2025, Pomerantz LLP, a respected law firm specializing in securities litigation, announced its investigation into claims made by investors of 3D Systems Corporation (NYSE: DDD). The investigation aims to determine whether the company, along with some of its officers and directors, may have engaged in securities fraud or other unlawful business practices.
This inquiry comes in light of significant concerns regarding the company’s recent financial performance. On March 26, 2025, 3D Systems reported its financial results for the fourth quarter and full year of 2024. Unfortunately, the results highlighted a considerable shortfall, as the company missed consensus estimates for sales, operating income, and earnings. Particularly alarming was a reported drop of 21% in healthcare revenue, largely attributed to changes in accounting within its Regenerative Medicine program.
After the announcement, 3D Systems' stock price fell dramatically by $0.57 per share—an alarming 20.96%, closing at $2.15 on March 27, 2025. The market reaction indicated widespread concern among investors about the company's future potential.
Adding to the turmoil, on May 12, 2025, 3D Systems published another press release detailing its financial results for the first quarter of 2025. The revelation of revenue totaling $94.5 million, which missed consensus projections by $5 million and reflected an 8% year-over-year decline, caused further distress among investors. The disappointing outcomes were primarily linked to a decline in material sales due to inventory management challenges in the dental aligner segment. Additionally, the company withdrew its full-year outlook, citing persistent weaknesses in customer capital spending and macroeconomic uncertainty.
This latest announcement resulted in another plunge in stock value, with a drop of $0.68 per share or 26.67%, settling at $1.87 on May 13, 2025. These sharp declines have fueled investor concern and spurred Pomerantz LLP to take action, inviting affected shareholders to join the class action lawsuit.
Pomerantz LLP has a strong history of advocating for the rights of investors affected by corporate misconduct. Founded by the late Abraham L. Pomerantz, the firm has played a pioneering role in the field of securities class actions for over 85 years. They have successfully recovered millions in damages for victims of fraud and mismanagement, showcasing their dedication to fighting against securities fraud while holding corporations accountable for their actions.
Investors who believe they have been adversely affected by 3D Systems' actions over these turbulent periods are encouraged to reach out to Danielle Peyton at Pomerantz LLP via the provided contact details. The firm emphasizes the importance of holding companies accountable for their business practices, especially in light of the recent downturn that has left many shareholders concerned about the future viability of 3D Systems Corporation.
This investigation by Pomerantz serves as a crucial reminder of the importance of corporate transparency and the responsibilities that come with public trading. Investors should remain vigilant and informed about their holdings, especially with companies facing financial discrepancies that may impact their investments severely.