Richtech Robotics Investors Warned of Class Action Lawsuit
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Should l Buy RR?
Source: Globenewswire
- Class Action Notice: The Portnoy Law Firm advises investors of Richtech Robotics, Inc. to be aware of a class action lawsuit for those who purchased securities between January 27 and January 29, 2026, with a deadline of April 3, 2026, to file a lead plaintiff motion to protect their legal rights.
- Stock Price Plunge: Following Hunterbrook Media's article on January 29, 2026, which claimed no commercial relationship existed between Richtech and Microsoft, Richtech Robotics' Class B stock fell over 29% within two trading days, indicating a severe market reaction to the company's credibility.
- Legal Consultation Services: The Portnoy Law Firm offers complimentary case evaluations and encourages investors to contact attorney Lesley F. Portnoy via phone or email to discuss options for recovering losses, demonstrating the firm's commitment to investor rights.
- Company Background: Richtech Robotics focuses on developing, manufacturing, and selling robotic solutions for automation in the service industry; however, the questioned relationship with Microsoft may impact its future business prospects and investor confidence.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy RR?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
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 Investors Warned of Class Action Lawsuit
- Class Action Notice: The Portnoy Law Firm advises investors of Richtech Robotics, Inc. to be aware of a class action lawsuit for those who purchased securities between January 27 and January 29, 2026, with a deadline of April 3, 2026, to file a lead plaintiff motion to protect their legal rights.
- Stock Price Plunge: Following Hunterbrook Media's article on January 29, 2026, which claimed no commercial relationship existed between Richtech and Microsoft, Richtech Robotics' Class B stock fell over 29% within two trading days, indicating a severe market reaction to the company's credibility.
- Legal Consultation Services: The Portnoy Law Firm offers complimentary case evaluations and encourages investors to contact attorney Lesley F. Portnoy via phone or email to discuss options for recovering losses, demonstrating the firm's commitment to investor rights.
- Company Background: Richtech Robotics focuses on developing, manufacturing, and selling robotic solutions for automation in the service industry; however, the questioned relationship with Microsoft may impact its future business prospects and investor confidence.
See More
Richtech Robotics Class Action Reminder
- Class Action Notice: Rosen Law Firm reminds investors who purchased Richtech Robotics (NASDAQ: RR) securities between January 27 and January 29, 2026, to apply as lead plaintiffs by April 3, 2026, to represent other investors in the class action lawsuit.
- Fee Arrangement: Investors joining the class action will incur no upfront costs, as the law firm operates on a contingency fee basis, allowing investors to seek compensation without financial burden.
- False Statement Allegations: The lawsuit alleges that Richtech made false and misleading statements regarding a supposed partnership with Microsoft during the class period, resulting in investor losses when the truth emerged, highlighting significant issues in the company's transparency and integrity.
- Law Firm Background: Rosen Law Firm specializes in securities class actions and has recovered over $438 million for investors in 2019 alone, being ranked first by ISS Securities Class Action Services in 2017, demonstrating its expertise and successful track record in this field.
See More
Richtech Robotics Securities Class Action Reminder
- Class Action Notice: Rosen Law Firm reminds investors who purchased Richtech Robotics (NASDAQ:RR) securities between January 27 and January 29, 2026, to apply as lead plaintiffs by April 3, 2026, to potentially receive compensation without any out-of-pocket costs.
- Lawsuit Background: The lawsuit alleges that Richtech made false and misleading statements regarding a supposed partnership with Microsoft during the class period, resulting in investor losses when the truth emerged, indicating significant reputational damage to the company.
- Law Firm Credentials: Rosen Law Firm specializes in securities class actions and has achieved the largest settlement against a Chinese company, ranked first by ISS Securities Class Action Services in 2017, demonstrating its expertise and high success rate in this field.
- Investor Selection Advice: Investors are advised to carefully choose law firms with proven success in leadership roles, avoiding firms that merely act as intermediaries, to ensure effective legal representation and support in the class action.
See More
Richtech Robotics Shareholder Notice Issued
- Shareholder Alert: The Gross Law Firm has issued a notice to shareholders of Richtech Robotics Inc. (NASDAQ: RR), encouraging those who purchased shares during the class period from January 27 to January 29, 2026, to contact the firm regarding potential lead plaintiff status in the class action.
- Allegations of False Statements: The complaint alleges that Richtech falsely claimed a collaborative relationship with Microsoft, resulting in materially misleading statements about the company's business, operations, and prospects throughout the class period, which could undermine investor confidence.
- Registration Deadline: Shareholders must register by April 3, 2026, to participate in the class action, and upon registration, they will receive updates through portfolio monitoring software to keep them informed about the case's progress.
- Law Firm Credentials: The Gross Law Firm is a nationally recognized class action law firm committed to protecting investors' rights who have suffered losses due to deceit and illegal business practices, emphasizing the importance of responsible corporate conduct.
See More
Class Action Filed Against Richtech Robotics Inc.
- Class Action Initiation: Johnson Fistel, PLLP has announced a class action lawsuit on behalf of investors who purchased Richtech Robotics (NASDAQ: RR) securities between January 27 and January 29, 2026, aiming to recover losses under federal securities laws, highlighting significant investor concerns regarding company transparency.
- Allegations of False Statements: The lawsuit alleges that throughout the class period, defendants made materially false and/or misleading statements and failed to disclose adverse facts about the company's business and prospects, particularly regarding a claimed relationship with Microsoft that did not exist, misleading investors significantly.
- Investor Rights Protection: Investors who suffered losses must seek lead plaintiff status by April 3, 2026, indicating the potential impact of this case on investors and emphasizing the importance of legal recourse in securities markets to protect their rights.
- Law Firm Background: Johnson Fistel, PLLP is a nationally recognized shareholder rights law firm, ranked among the Top 10 Plaintiff Law Firms in 2024, having recovered approximately $90.7 million for investors, showcasing its strength and influence in securities class actions.
See More
Richtech Robotics Investors Class Action Reminder
- Stock Price Volatility: Richtech Robotics announced a collaboration with Microsoft's AI Co-Innovation Labs on January 27, 2026, causing a 44.6% stock price surge; however, on January 29, the stock plummeted by 20.9% to $4.02 per share after media questioned the collaboration's nature, resulting in investor losses.
- Lawsuit Background: The class action lawsuit alleges that Richtech failed to disclose the true nature of its relationship with Microsoft, claiming a commercial partnership that did not exist, misleading investors about the company's prospects.
- Legal Deadline: Investors must file a lead plaintiff motion by April 3, 2026, to pursue claims for losses incurred due to the company's misleading statements, highlighting the urgency of the legal process.
- Investor Rights: The announcement encourages investors who purchased Richtech securities during the class period to seek legal advice on participating in the lawsuit to protect their rights, ensuring transparency and the safeguarding of their legal interests.
See More
Richtech Robotics Investors Warned of Class Action Lawsuit
- Class Action Notice: The Portnoy Law Firm advises investors of Richtech Robotics, Inc. to be aware of a class action lawsuit for those who purchased securities between January 27 and January 29, 2026, with a deadline of April 3, 2026, to file a lead plaintiff motion to protect their legal rights.
- Stock Price Plunge: Following Hunterbrook Media's article on January 29, 2026, which claimed no commercial relationship existed between Richtech and Microsoft, Richtech Robotics' Class B stock fell over 29% within two trading days, indicating a severe market reaction to the company's credibility.
- Legal Consultation Services: The Portnoy Law Firm offers complimentary case evaluations and encourages investors to contact attorney Lesley F. Portnoy via phone or email to discuss options for recovering losses, demonstrating the firm's commitment to investor rights.
- Company Background: Richtech Robotics focuses on developing, manufacturing, and selling robotic solutions for automation in the service industry; however, the questioned relationship with Microsoft may impact its future business prospects and investor confidence.
See More
Richtech Robotics Class Action Reminder
- Class Action Notice: Rosen Law Firm reminds investors who purchased Richtech Robotics (NASDAQ: RR) securities between January 27 and January 29, 2026, to apply as lead plaintiffs by April 3, 2026, to represent other investors in the class action lawsuit.
- Fee Arrangement: Investors joining the class action will incur no upfront costs, as the law firm operates on a contingency fee basis, allowing investors to seek compensation without financial burden.
- False Statement Allegations: The lawsuit alleges that Richtech made false and misleading statements regarding a supposed partnership with Microsoft during the class period, resulting in investor losses when the truth emerged, highlighting significant issues in the company's transparency and integrity.
- Law Firm Background: Rosen Law Firm specializes in securities class actions and has recovered over $438 million for investors in 2019 alone, being ranked first by ISS Securities Class Action Services in 2017, demonstrating its expertise and successful track record in this field.
See More
Richtech Robotics Securities Class Action Reminder
- Class Action Notice: Rosen Law Firm reminds investors who purchased Richtech Robotics (NASDAQ:RR) securities between January 27 and January 29, 2026, to apply as lead plaintiffs by April 3, 2026, to potentially receive compensation without any out-of-pocket costs.
- Lawsuit Background: The lawsuit alleges that Richtech made false and misleading statements regarding a supposed partnership with Microsoft during the class period, resulting in investor losses when the truth emerged, indicating significant reputational damage to the company.
- Law Firm Credentials: Rosen Law Firm specializes in securities class actions and has achieved the largest settlement against a Chinese company, ranked first by ISS Securities Class Action Services in 2017, demonstrating its expertise and high success rate in this field.
- Investor Selection Advice: Investors are advised to carefully choose law firms with proven success in leadership roles, avoiding firms that merely act as intermediaries, to ensure effective legal representation and support in the class action.
See More
Richtech Robotics Shareholder Notice Issued
- Shareholder Alert: The Gross Law Firm has issued a notice to shareholders of Richtech Robotics Inc. (NASDAQ: RR), encouraging those who purchased shares during the class period from January 27 to January 29, 2026, to contact the firm regarding potential lead plaintiff status in the class action.
- Allegations of False Statements: The complaint alleges that Richtech falsely claimed a collaborative relationship with Microsoft, resulting in materially misleading statements about the company's business, operations, and prospects throughout the class period, which could undermine investor confidence.
- Registration Deadline: Shareholders must register by April 3, 2026, to participate in the class action, and upon registration, they will receive updates through portfolio monitoring software to keep them informed about the case's progress.
- Law Firm Credentials: The Gross Law Firm is a nationally recognized class action law firm committed to protecting investors' rights who have suffered losses due to deceit and illegal business practices, emphasizing the importance of responsible corporate conduct.
See More
Class Action Filed Against Richtech Robotics Inc.
- Class Action Initiation: Johnson Fistel, PLLP has announced a class action lawsuit on behalf of investors who purchased Richtech Robotics (NASDAQ: RR) securities between January 27 and January 29, 2026, aiming to recover losses under federal securities laws, highlighting significant investor concerns regarding company transparency.
- Allegations of False Statements: The lawsuit alleges that throughout the class period, defendants made materially false and/or misleading statements and failed to disclose adverse facts about the company's business and prospects, particularly regarding a claimed relationship with Microsoft that did not exist, misleading investors significantly.
- Investor Rights Protection: Investors who suffered losses must seek lead plaintiff status by April 3, 2026, indicating the potential impact of this case on investors and emphasizing the importance of legal recourse in securities markets to protect their rights.
- Law Firm Background: Johnson Fistel, PLLP is a nationally recognized shareholder rights law firm, ranked among the Top 10 Plaintiff Law Firms in 2024, having recovered approximately $90.7 million for investors, showcasing its strength and influence in securities class actions.
See More
Richtech Robotics Investors Class Action Reminder
- Stock Price Volatility: Richtech Robotics announced a collaboration with Microsoft's AI Co-Innovation Labs on January 27, 2026, causing a 44.6% stock price surge; however, on January 29, the stock plummeted by 20.9% to $4.02 per share after media questioned the collaboration's nature, resulting in investor losses.
- Lawsuit Background: The class action lawsuit alleges that Richtech failed to disclose the true nature of its relationship with Microsoft, claiming a commercial partnership that did not exist, misleading investors about the company's prospects.
- Legal Deadline: Investors must file a lead plaintiff motion by April 3, 2026, to pursue claims for losses incurred due to the company's misleading statements, highlighting the urgency of the legal process.
- Investor Rights: The announcement encourages investors who purchased Richtech securities during the class period to seek legal advice on participating in the lawsuit to protect their rights, ensuring transparency and the safeguarding of their legal interests.
See More
