Faruqi & Faruqi Encourages Investors in Picard Medical to Reach Out
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 06 2026
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Should l Buy PMI?
Source: PRnewswire
- Legal Investigation: Faruq & Faruqi is investigating potential claims against Picard Medical for securities purchased between September 2, 2025, and October 31, 2025, indicating possible legal risks that could undermine investor confidence in the company.
- Investor Contact Information: Investors who suffered losses during the specified period are encouraged to contact securities litigation partner Josh Wilson directly, with two provided phone numbers, reflecting the firm's commitment to supporting affected investors.
- Class Action Deadline: The firm reminds investors of the April 3, 2026, deadline to seek the role of lead plaintiff in the federal securities class action against Picard Medical, emphasizing the urgency for investors to act promptly.
- Market Impact: This investigation and potential class action could negatively affect Picard Medical's stock price, prompting investors to monitor developments closely to adjust their investment strategies and mitigate potential losses.
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About PMI
Picard Medical, Inc. is a holding company that owns a 100% interest in SynCardia Systems, LLC (SynCardia). SynCardia is a medical technology company that manufactures and sells the only United States Food and Drug Administration (FDA) and Health Canada-approved implantable total artificial heart (SynCardia TAH). The SynCardia TAH is a biventricular replacement device that consists of the SynCardia TAH implant, an external pneumatic driver that delivers precisely calibrated pulses of air to drive the implant, and drivelines that connect the driver to the implant. The SynCardia TAH implant is a system that consists of two independent artificial ventricles which are powered by an external pneumatic driver. Each artificial ventricle is made of a semi-rigid polyurethane housing and a rigid polyurethane base, with a four-layer flexible polyurethane diaphragm separating the blood chamber from the air chamber.
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.
- Legal Investigation Launched: Faruq & Faruqi LLP is investigating potential claims against Picard Medical, focusing on investors who purchased securities between September 2, 2025, and October 31, 2025, highlighting concerns over the company's future legal risks.
- Investor Rights Reminder: The firm reminds investors that April 13, 2026, is the deadline to seek lead plaintiff status, indicating the urgency for investors to protect their rights in the legal action.
- Direct Contact Channels: Securities Litigation Partner Josh Wilson provides direct contact numbers for affected investors, emphasizing the firm's commitment to client engagement and support.
- Background of Securities Class Action: This investigation is linked to a federal securities class action filed against Picard Medical, reflecting market concerns regarding the company's compliance and financial transparency, which could impact its stock performance.
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- Class Action Initiation: Rosen Law Firm has issued a reminder for investors who purchased Picard Medical (NYSE: PMI) securities between September 2 and October 31, 2025, to apply as lead plaintiffs by April 13, 2026, to protect their rights in the class action lawsuit.
- Transparent Fee Structure: Investors joining the class action will incur no upfront costs, as the law firm operates on a contingency fee basis, which alleviates financial burdens and encourages more affected investors to participate.
- False Statements Exposed: The lawsuit alleges that Picard Medical failed to disclose significant adverse facts related to its business and securities trading during the class period, including fraudulent stock promotion schemes and insider trading, misleading investors about the company's true financial health.
- Law Firm's Credentials: Rosen Law Firm is renowned for its successful track record in securities class actions, having recovered over $438 million for investors in 2019 alone, demonstrating its expertise and resource capabilities in handling such cases.
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- Richtech Robotics Class Action: Richtech Robotics Inc. is facing allegations of failing to disclose its non-existent 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 motion deadline of April 3, 2026.
- Picard Medical Fraud Allegations: Picard Medical, Inc. is accused of being involved in a fraudulent stock promotion scheme and insider trading from September 2 to October 31, 2025, which misled investors about the company's operations, with a lead plaintiff motion deadline of April 3, 2026, potentially leading to significant financial losses.
- Plug Power Misrepresentation: Plug Power, Inc. is alleged to have materially overstated the availability of funds from a DOE loan during the class period from January 17 to November 13, 2025, resulting in distorted investor expectations regarding future projects, with a lead plaintiff motion deadline of April 3, 2026.
- Legal Consultation Reminder: The Law Offices of Frank R. Cruz remind affected investors to contact them to understand their legal rights, emphasizing that investors do not need to take immediate action to participate in these class actions and can choose to retain counsel or remain absent members.
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- Richtech Robotics Lawsuit: Richtech Robotics Inc. (NASDAQ:RR) is facing allegations of false statements regarding a claimed partnership with Microsoft during the class period from January 27 to January 29, 2026, with a lead plaintiff deadline of April 3, 2026, urging investors to file motions.
- Plug Power Lawsuit: Plug Power, Inc. (NASDAQ:PLUG) is accused of overstating the availability of funds related to a DOE loan during the class period from January 17 to November 13, 2025, with a lead plaintiff deadline of April 3, 2026, encouraging shareholders with losses over $50,000 to reach out for legal counsel.
- Picard Medical Lawsuit: Picard Medical, Inc. (NYSE American:PMI) faces allegations of being involved in a fraudulent stock promotion scheme from September 2 to October 31, 2025, with a lead plaintiff deadline of April 3, 2026, prompting investors to file motions.
- BlackRock TCP Capital Lawsuit: BlackRock TCP Capital Corp. (NASDAQ:TCPC) is accused of failing to appropriately value investments from November 6, 2024, to January 23, 2026, with a lead plaintiff deadline of April 6, 2026, leading to an overstated net asset value and misleading statements about the company's operations.
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- Class Action Initiated: Bragar Eagel & Squire has filed a class action lawsuit against Picard Medical in the Northern District of California on behalf of investors who purchased securities between September 2 and October 31, 2025, indicating significant legal risks for the company.
- Stock Price Crash: On October 24, 2025, Picard's stock price plummeted by 70%, from $13.30 to $3.99 per share, and has since continued to decline to approximately $2.00, reflecting extreme market concerns regarding the company's financial health.
- Fraud Allegations: The lawsuit alleges that Picard failed to disclose involvement in a fraudulent stock promotion scheme and insider trading activities, leading to substantial investor losses and highlighting severe deficiencies in corporate governance and transparency.
- Investor Rights Protection: Investors must apply by April 3, 2026, to be appointed as lead plaintiffs, demonstrating the law firm's commitment to protecting investor rights, which may influence future litigation strategies and the company's reputation.
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- Class Action Initiation: Rosen Law Firm reminds investors who purchased Picard Medical (NYSE: PMI) securities between September 2 and October 31, 2025, to apply as lead plaintiffs by April 13, 2026, to participate in the class action without any out-of-pocket fees.
- Lawsuit Background: The lawsuit alleges that Picard Medical's management failed to disclose significant adverse facts regarding the company's business and operations during the securities trading period, misleading investors and impacting their decision-making.
- Fraudulent Activities Exposed: Specific allegations include involvement in a fraudulent stock promotion scheme through social media misinformation and insiders using offshore accounts to manipulate stock prices, severely harming investor interests.
- Law Firm's Expertise: Rosen Law Firm is renowned for its successful track record in securities class actions, having recovered over $438 million for investors in 2019 alone, demonstrating its professional capabilities and resource advantages in handling such cases.
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