Class Action Lawsuit Filed Against Richtech Robotics Inc.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 04 2026
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Should l Buy RR?
Source: Businesswire
- Class Action Reminder: DJS Law Group reminds investors of a class action lawsuit against Richtech Robotics Inc. for violations of §§10(b) and 20(a) of the Securities Exchange Act, covering the trading period from January 27 to January 29, 2026, indicating significant misleading statements by the company during this time.
- False Statement Allegations: The complaint alleges that Richtech made false and misleading statements to the market, creating a false impression that it had established a commercial relationship with Microsoft, which could lead investors to make erroneous investment decisions based on this misinformation.
- Investor Losses: Affected shareholders are encouraged to contact DJS Law Group to participate in the lawsuit for potential recovery, noting that appointment as lead plaintiff is not required to partake in any recovery, thus providing an opportunity for investors to seek compensation.
- Legal Expertise: DJS Law Group specializes in enhancing investor returns through securities class actions, corporate governance litigation, and domestic/international M&A appraisals, focusing on securing valuable litigation claims for its clients, which include some of the largest hedge funds and asset managers globally.
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Analyst Views on RR
About RR
Richtech Robotics Inc. is a developer of advanced robotic technologies focused on transforming labor-intensive services in hospitality and other sectors. The Company designs, manufactures and sells robots to restaurants, hotels, senior living centers, casinos, factories, movie theaters and other businesses. Its robots perform a variety of services, including restaurant running and bussing, hotel room service delivery, floor scrubbing and vacuuming, and beverage and food preparation. Its products are categorized into three kinds of service automation: indoor transport and delivery, sanitation, and food and beverage automation. The majority of its robots can be characterized as Autonomous Mobile Robots (AMRs). The Company's robots include ADAM, Scorpion, Matradee, Medbot, Titan, Skylark, and DUST-E, among others. ADAM is a food and beverage automation robot developed on the NVIDIA Jetson Orin platform. Scorpion is developed on the same architecture as ADAM.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Richtech Robotics Hit with Securities Class Action Lawsuit
- Stock Price Plunge: Following Microsoft's denial of a commercial partnership with Richtech, the company's shares fell over 20% on January 29, 2026, indicating severe market concerns about its future and potentially diminishing investor confidence.
- Lawsuit Context: Hagens Berman has initiated a securities class action lawsuit against Richtech, representing investors who purchased its securities between January 27 and January 29, 2026, alleging violations of federal securities laws that could result in significant legal liabilities for the company.
- False Advertising Allegations: Richtech's press release on January 27 claimed a partnership with Microsoft, which was later revealed to be merely a standard customer program, misleading investors and leading to substantial financial losses.
- Subsequent Impact: The legal investigation triggered by this incident may subject Richtech to stricter regulatory scrutiny and affect its future fundraising capabilities, particularly after announcing an 8.5 million share dilutive private placement, as market trust in its transparency diminishes.
See More
Class Action Lawsuit Filed Against Richtech Robotics Inc.
- Class Action Reminder: The Schall Law Firm has alerted investors about a class action lawsuit against Richtech Robotics Inc. for violations of §§10(b) and 20(a) of the Securities Exchange Act, covering securities transactions from January 27 to January 29, 2026, indicating significant legal risks that may undermine shareholder confidence.
- False Statements Uncovered: The complaint alleges that Richtech made false and misleading statements regarding a commercial relationship with Microsoft, which misled investors and resulted in losses when the truth emerged, highlighting serious deficiencies in corporate governance and transparency.
- Investor Rights Protection: The Schall Law Firm encourages investors who purchased Richtech securities during the class period to contact them before April 3, 2026, to participate in the lawsuit and seek compensation for losses, demonstrating a commitment to protecting investor rights.
- Uncertain Litigation Status: The class action has not yet been certified, meaning investors are not currently represented by an attorney, and those who choose not to act will remain absent class members, underscoring the importance of investor proactivity in legal proceedings.
See More
Faruqi & Faruqi Investigates Richtech Investor Losses
- Investor Loss Alert: Faruq & Faruqi LLP is investigating potential claims against Richtech Robotics Inc., particularly for investors who suffered losses exceeding $50,000 between January 27 and January 29, 2026, indicating possible legal risks for the company.
- Legal Consultation Opportunity: Affected investors are encouraged to contact partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310) to discuss their legal rights and potential claims, demonstrating the firm's commitment to investor rights.
- Class Action Deadline: The firm reminds investors that the deadline to seek the role of lead plaintiff in the federal securities class action against Richtech is April 3, 2026, emphasizing the importance of timely action to protect investor legal rights.
- Role of Securities Law Firm: As a leading national securities law firm, Faruq & Faruqi's investigation may impact Richtech's reputation and stock price, prompting investors to closely monitor developments to make informed investment decisions.
See More
Class Action Filed Against Richtech Robotics Inc.
- Class Action Initiated: Pomerantz LLP has announced a class action lawsuit against Richtech Robotics Inc., alleging securities fraud and other unlawful business practices, with investors needing to apply as Lead Plaintiffs by April 3, 2026.
- Significant Stock Drop: Following a report from Hunterbrook Media claiming Richtech misrepresented a non-commercial engagement with Microsoft as a 'close collaboration,' the company's stock fell by $1.06, or 20.87%, to close at $4.02 per share on January 29, 2026, indicating market concerns over the company's transparency.
- Report Raises Concerns: The Hunterbrook report highlighted that Microsoft characterized the engagement as a standard customer program without commercial elements, contrasting sharply with Richtech's public statements, which raises further questions about the accuracy of the company's prior disclosures.
- Law Firm's Reputation: Pomerantz LLP is recognized as a premier firm in corporate and securities class litigation, having been established for over 85 years, and is committed to fighting for the rights of victims of securities fraud and corporate misconduct, underscoring its expertise and influence in such cases.
See More
Richtech Robotics Faces Securities Class Action Lawsuit
- Lawsuit Background: Richtech Robotics is facing a securities class action lawsuit after Microsoft denied a commercial partnership, representing investors who purchased securities between January 27 and 29, 2026, indicating a severe loss of investor confidence in the company's future prospects.
- Stock Price Volatility: Following the announcement of collaboration with Microsoft on January 27, Richtech's stock surged by 30%, but plummeted over 20% on January 29 after Microsoft's denial, highlighting market skepticism regarding the company's transparency.
- Legal Investigation: Hagens Berman has initiated an investigation into Richtech's statements, focusing on whether the company intentionally misled investors to facilitate a dilutive equity raise, suggesting potential legal ramifications for the firm.
- Investor Rights: The lawsuit underscores the rights of investors facing misleading statements from companies, with Hagens Berman urging affected investors to reach out to discuss their rights, reflecting a commitment to investor protection.
See More
Multiple Companies Facing Class Action Lawsuits
- Richtech Robotics Lawsuit: Richtech Robotics Inc. is facing allegations of false statements regarding a supposed collaboration with Microsoft during the class period from January 27 to January 29, 2026, misleading investors about the company's prospects, with a lead plaintiff deadline of April 3, 2026.
- Plug Power Lawsuit: Plug Power, Inc. is accused of overstating the availability of funds related to a DOE loan during the class period from January 17 to November 13, 2025, potentially forcing the company to pivot to smaller projects, with a lead plaintiff deadline of April 3, 2026.
- Picard Medical Lawsuit: Picard Medical, Inc. faces allegations of being involved in a fraudulent stock promotion scheme from September 2 to October 31, 2025, failing to disclose insider trading activities, with a lead plaintiff deadline of April 3, 2026.
- BlackRock TCP Capital Lawsuit: BlackRock TCP Capital Corp. is accused of failing to appropriately value investments during the class period from November 6, 2024, to January 23, 2026, leading to an overstated net asset value, with a lead plaintiff deadline of April 6, 2026.
See More
Richtech Robotics Hit with Securities Class Action Lawsuit
- Stock Price Plunge: Following Microsoft's denial of a commercial partnership with Richtech, the company's shares fell over 20% on January 29, 2026, indicating severe market concerns about its future and potentially diminishing investor confidence.
- Lawsuit Context: Hagens Berman has initiated a securities class action lawsuit against Richtech, representing investors who purchased its securities between January 27 and January 29, 2026, alleging violations of federal securities laws that could result in significant legal liabilities for the company.
- False Advertising Allegations: Richtech's press release on January 27 claimed a partnership with Microsoft, which was later revealed to be merely a standard customer program, misleading investors and leading to substantial financial losses.
- Subsequent Impact: The legal investigation triggered by this incident may subject Richtech to stricter regulatory scrutiny and affect its future fundraising capabilities, particularly after announcing an 8.5 million share dilutive private placement, as market trust in its transparency diminishes.
See More
Class Action Lawsuit Filed Against Richtech Robotics Inc.
- Class Action Reminder: The Schall Law Firm has alerted investors about a class action lawsuit against Richtech Robotics Inc. for violations of §§10(b) and 20(a) of the Securities Exchange Act, covering securities transactions from January 27 to January 29, 2026, indicating significant legal risks that may undermine shareholder confidence.
- False Statements Uncovered: The complaint alleges that Richtech made false and misleading statements regarding a commercial relationship with Microsoft, which misled investors and resulted in losses when the truth emerged, highlighting serious deficiencies in corporate governance and transparency.
- Investor Rights Protection: The Schall Law Firm encourages investors who purchased Richtech securities during the class period to contact them before April 3, 2026, to participate in the lawsuit and seek compensation for losses, demonstrating a commitment to protecting investor rights.
- Uncertain Litigation Status: The class action has not yet been certified, meaning investors are not currently represented by an attorney, and those who choose not to act will remain absent class members, underscoring the importance of investor proactivity in legal proceedings.
See More
Faruqi & Faruqi Investigates Richtech Investor Losses
- Investor Loss Alert: Faruq & Faruqi LLP is investigating potential claims against Richtech Robotics Inc., particularly for investors who suffered losses exceeding $50,000 between January 27 and January 29, 2026, indicating possible legal risks for the company.
- Legal Consultation Opportunity: Affected investors are encouraged to contact partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310) to discuss their legal rights and potential claims, demonstrating the firm's commitment to investor rights.
- Class Action Deadline: The firm reminds investors that the deadline to seek the role of lead plaintiff in the federal securities class action against Richtech is April 3, 2026, emphasizing the importance of timely action to protect investor legal rights.
- Role of Securities Law Firm: As a leading national securities law firm, Faruq & Faruqi's investigation may impact Richtech's reputation and stock price, prompting investors to closely monitor developments to make informed investment decisions.
See More
Class Action Filed Against Richtech Robotics Inc.
- Class Action Initiated: Pomerantz LLP has announced a class action lawsuit against Richtech Robotics Inc., alleging securities fraud and other unlawful business practices, with investors needing to apply as Lead Plaintiffs by April 3, 2026.
- Significant Stock Drop: Following a report from Hunterbrook Media claiming Richtech misrepresented a non-commercial engagement with Microsoft as a 'close collaboration,' the company's stock fell by $1.06, or 20.87%, to close at $4.02 per share on January 29, 2026, indicating market concerns over the company's transparency.
- Report Raises Concerns: The Hunterbrook report highlighted that Microsoft characterized the engagement as a standard customer program without commercial elements, contrasting sharply with Richtech's public statements, which raises further questions about the accuracy of the company's prior disclosures.
- Law Firm's Reputation: Pomerantz LLP is recognized as a premier firm in corporate and securities class litigation, having been established for over 85 years, and is committed to fighting for the rights of victims of securities fraud and corporate misconduct, underscoring its expertise and influence in such cases.
See More
Richtech Robotics Faces Securities Class Action Lawsuit
- Lawsuit Background: Richtech Robotics is facing a securities class action lawsuit after Microsoft denied a commercial partnership, representing investors who purchased securities between January 27 and 29, 2026, indicating a severe loss of investor confidence in the company's future prospects.
- Stock Price Volatility: Following the announcement of collaboration with Microsoft on January 27, Richtech's stock surged by 30%, but plummeted over 20% on January 29 after Microsoft's denial, highlighting market skepticism regarding the company's transparency.
- Legal Investigation: Hagens Berman has initiated an investigation into Richtech's statements, focusing on whether the company intentionally misled investors to facilitate a dilutive equity raise, suggesting potential legal ramifications for the firm.
- Investor Rights: The lawsuit underscores the rights of investors facing misleading statements from companies, with Hagens Berman urging affected investors to reach out to discuss their rights, reflecting a commitment to investor protection.
See More
Multiple Companies Facing Class Action Lawsuits
- Richtech Robotics Lawsuit: Richtech Robotics Inc. is facing allegations of false statements regarding a supposed collaboration with Microsoft during the class period from January 27 to January 29, 2026, misleading investors about the company's prospects, with a lead plaintiff deadline of April 3, 2026.
- Plug Power Lawsuit: Plug Power, Inc. is accused of overstating the availability of funds related to a DOE loan during the class period from January 17 to November 13, 2025, potentially forcing the company to pivot to smaller projects, with a lead plaintiff deadline of April 3, 2026.
- Picard Medical Lawsuit: Picard Medical, Inc. faces allegations of being involved in a fraudulent stock promotion scheme from September 2 to October 31, 2025, failing to disclose insider trading activities, with a lead plaintiff deadline of April 3, 2026.
- BlackRock TCP Capital Lawsuit: BlackRock TCP Capital Corp. is accused of failing to appropriately value investments during the class period from November 6, 2024, to January 23, 2026, leading to an overstated net asset value, with a lead plaintiff deadline of April 6, 2026.
See More
