#United States #New York #Class Action #Levi & Korsinsky #3D Systems

Significant Class Action Lawsuit Against 3D Systems Corporation

In a recent announcement, Levi & Korsinsky, LLP has notified investors regarding an upcoming class action lawsuit involving 3D Systems Corporation, which trades under the ticker symbol DDD on the NYSE. This action has sparked interest due to its implications for shareholders who may have suffered financial losses in connection with the company's alleged misrepresentations during a specified period.

Case Overview

The lawsuit aims to represent investors who experienced losses due to alleged securities fraud that occurred between August 13, 2024, and May 12, 2025. The firm emphasizes that shareholders who believe they have been adversely affected can find more detailed information and take necessary steps to join the case. A key date to remember is August 12, 2025, as it marks the deadline for investors to be designated as lead plaintiffs in this class action.

Allegations Against 3D Systems

The complaint claims that 3D Systems Corporation made false statements and failed to disclose essential facts affecting its business operations. Specifically, it alleges:
1. Understated Impact of Customer Spending: The company reportedly downplayed how declining customer demand was affecting its finances while presenting an inflated image of its ability to thrive in difficult market conditions.
2. Partnership with United Therapeutics: The lawsuit further alleges that the revised criteria established in the company's partnership with United Therapeutics Corporation would have detrimental effects on its regenerative medicine revenue stream.
3. Misleading Public Statements: As a result of these factors, the company's public statements were deemed to be materially false and misleading at all relevant times.

Investor Participation

For those who experienced financial losses during the relevant timeframe, the opportunity to join the lawsuit as a lead plaintiff is crucial. However, participating does not necessarily require one to take on this role; all class members may seek compensation without incurring out-of-pocket costs or fees. The firm asserts that there is no cost or obligation to be involved, making it a risk-free process for affected shareholders.

Why Choose Levi & Korsinsky?

Levi & Korsinsky boasts a strong track record of advocating for shareholders, having secured hundreds of millions of dollars for clients over the past two decades. With a dedicated team of over 70 professionals, the firm is well-equipped to handle complex securities litigation. It has earned recognition in ISS Securities Class Action Services' Top 50 Report for seven consecutive years, underscoring its reputation as a leading securities litigation firm in the United States.

Contact Information

Investors interested in joining the class action can reach out to Joseph E. Levi, Esq. or Ed Korsinsky, Esq. from Levi & Korsinsky for more information. They can be contacted via email at [email protected] or by phone at (212) 363-7500.

Conclusion

With the class action case against 3D Systems Corporation unfolding, this is a critical moment for investors to assess their positions and consider their options moving forward. Staying informed and proactive could be key to potentially recovering their losses. As the deadline approaches, ensuring that all necessary steps are taken by August 12, 2025, will be essential for those affected.