#USA #Robbins Geller #San Diego #Class Action #Richtech Robotics

Richtech Robotics Class Action Lawsuit

In a recent announcement from Robbins Geller Rudman & Dowd LLP, investors in Richtech Robotics Inc. are being given an important opportunity. Those who acquired publicly traded securities of Richtech Robotics (NASDAQ: RR) between January 27, 2026, and January 29, 2026, now have until April 3, 2026, to step forward as lead plaintiffs in a class action lawsuit against the company.

Background of the Case

The lawsuit, formally referred to as Diez v. Richtech Robotics Inc., is significant because it brings serious allegations against both the company and its top executives based on violations of the Securities Exchange Act. This legal challenge follows accusations that Richtech Robotics misrepresented its relationship with Microsoft to its investors, leading to substantial financial losses for those who invested during the specified timeframe.

The controversy peaked on January 29, 2026, when an article from Hunterbrook Media asserted that Microsoft denied any partnership with Richtech Robotics. The piece pointed out that while Richtech had been engaged in a standard customer engagement program to explore AI solutions using Microsoft technologies, there was no commercial collaboration in place. Following this revelation, the value of Richtech Robotics' Class B stock plummeted by over 29% in just two trading days, signaling a massive hit for stockholders.

The Role of the Lead Plaintiff

Investors who suffered financial losses during the class period are being encouraged to consider leading this legal action. The Private Securities Litigation Reform Act of 1995 empowers interested parties who have purchased Richtech's securities during the class period to apply to be the lead plaintiff. This position is typically filled by the investor showcasing the greatest financial stake in the outcome of the lawsuit, as well as demonstrating typicality and adequacy representing the broader investor class.

Acting as lead plaintiff provides an opportunity for the selected individual to guide the proceedings, working closely with their chosen legal team to steer the direction of the case. However, it's important to note that participation in the lawsuit as an investor is not contingent upon serving as lead plaintiff; all eligible investors may receive a portion of any successful recovery.

About Robbins Geller Rudman & Dowd LLP

Robbins Geller Rudman & Dowd LLP is recognized as a leading law firm in the domain of securities fraud and shareholder rights litigation. With a remarkable record of success, including recovery of over $916 million for investors in 2025 alone, the firm has cultivated a reputation as one of the most prominent plaintiffs' firms globally. Their expertise has led to some of the largest class action recoveries in history.

If you believe you experienced significant losses from your investment in Richtech Robotics and wish to participate as a lead plaintiff or seek further information, you can reach out to attorney J.C. Sanchez at Robbins Geller by calling 800-449-4900 or emailing [email protected] Additionally, more details can be found on the firm's website.

Conclusion

As the lawsuit unfolds, it serves as a critical juncture for investors in Richtech Robotics. Now is the time for those affected by the company's alleged misrepresentations to ensure their voices and claims are heard. The upcoming deadline on April 3, 2026, looms large, and participation in the class action lawsuit may not only help in seeking justice but also potentially recover lost investments incurred during the dramatic decline of Richtech's stock.