#United States #New York #Class Action #Securities Fraud #3D Systems

Pomerantz Law Firm Takes Action Against 3D Systems Corporation

In a significant legal move, Pomerantz LLP has filed a class action lawsuit against 3D Systems Corporation, a key player in the 3D printing sector, along with certain company officers. The lawsuit was lodged in the United States District Court for the District of Delaware, and it targets investors who purchased 3D Systems securities during a defined period from August 13, 2024, to May 12, 2025. The legal action primarily addresses allegations of federal securities law violations, asserting that the defendants made materially false representations regarding the company's financial health and overall business operations.

Background of the Case

3D Systems Corporation, listed on the New York Stock Exchange under the ticker symbol DDD, has been experiencing challenges due to decreased customer spending, which has adversely impacted sales figures across the industry. Despite these challenges, the company maintained a positive outlook, claiming optimism about future performance based on a purported recovery in its customer pipeline. Investors who engaged with 3D Systems during this tumultuous period are encouraged to join the class action lawsuit by contacting Pomerantz LLP before the deadline of August 12, 2025.

Details of the Allegations

The complaint filed by Pomerantz alleges that 3D Systems made misleading statements about its resilience to market conditions, particularly in light of reduced customer spending. Furthermore, it claims that the updates made to the milestone criteria in the company's partnership with United Therapeutics regarding their Regenerative Medicine Program were poorly disclosed, thus affecting revenue forecasts and expectations.

3D Systems has faced increased scrutiny following its disappointing financial performance reports, including a significant drop in stock price and missed earnings estimates. Such results have raised concerns among investors about the company's ability to transition back to profitability.

For instance, during a press release in March 2025, 3D Systems reported a diluted loss per share that was significantly higher than anticipated, leading to a 20.96% drop in share price. Following a subsequent press release in May 2025 that revealed further disappointing performance, the stock declined again by 26.6%.

3D Systems' Business Overview

Founded as a pioneer in the 3D printing space, 3D Systems operates primarily through two segments: Healthcare Solutions and Industrial Solutions. The company has publicly emphasized its commitment to innovative solutions in 3D printing, particularly in the healthcare sector, including areas such as dental products and personalized health services. The Regenerative Medicine Program—aimed at developing methods for 3D printing human organs for transplantation—has been a highlight of its healthcare initiatives.

Despite the ongoing demand for 3D printing solutions, the firm acknowledged that revenue from its partnerships, such as the one with United Therapeutics, could face further setbacks due to recent adjustments in operational standards and revenue recognition methods based on updated milestone criteria.

Implications for Investors

As Pomerantz LLP leads this class action, it's crucial for affected investors to understand their rights and the potential recovery avenues available to them. The firm emphasizes that similar future occurrences, which undermine investor confidence, can significantly disrupt the market and the operational reliability of corporations involved in securities trading.

Investors have until mid-August 2025 to advocate for their positions in the lawsuit, a process that could yield crucial results as the legal proceedings unfold.

In summary, this class action demonstrates the ongoing challenges within the 3D printing sector and raises pertinent questions about corporate accountability and transparency in financial reporting. With the investment landscape constantly evolving, it serves as a reminder for all investors to remain vigilant and informed about the companies they engage with.

For more information regarding the lawsuit or to join the class, interested parties can visit Pomerantz Law Firm's website or contact their firm directly.

Conclusion

Pomerantz LLP, renowned for its work in securities class action litigation, is actively engaging on behalf of investors who feel wronged by the actions of 3D Systems Corporation. As cases like this develop, they highlight the importance of legal recourse in protecting investors’ rights and ensuring accountability within publicly traded corporations.