Richtech Robotics (RR) Hit With Securities Class Action Amid Questions About Possible Pump and Dump – Hagens Berman
GlobeNewswire Inc.
Richtech Robotics (NASDAQ: RR) faces a securities class action lawsuit after Microsoft denied having a commercial partnership with the company on January 29, 2026. The company's stock plunged over 20% following the denial, just two days after Richtech announced a supposed collaboration with Microsoft that had boosted shares 30%. The lawsuit alleges Richtech misled investors about the nature of its Microsoft relationship to facilitate a dilutive equity raise, raising concerns about potential pump...
Continue Reading