ALERT: Lawsuit Filed for Securities Fraud on Behalf of Richtech Robotics Inc. Shareholders

Kirby McInerney LLP, a law firm based in New York, recently filed a securities fraud class action lawsuit on behalf of investors who bought securities of Richtech Robotics Inc. (“Richtech” or the “Company”) (NASDAQ:RR). The lawsuit pertains to alleged false statements made by Richtech about its relationship with Microsoft and the subsequent impact on its stock prices.

During the period from January 27, 2026, to January 29, 2026 (the Class Period), Richtech reportedly claimed to have a collaborative and commercial partnership with Microsoft, which was later found to be untrue. As a result, the lawsuit alleges that Richtech’s statements regarding its business operations were misleading and lacked a reasonable basis.

Richtech’s Form 10-K was filed seven days after the extended deadline on January 13, 2026. On January 27, 2026, Richtech announced a collaboration with Microsoft through Microsoft’s AI Co-Innovation Labs, leading to a significant increase in Richtech’s stock price. However, on January 28, 2026, Richtech’s stock price declined following the announcement of a private placement of $38.7 million Class B shares. This was further exacerbated on January 29, 2026, when Hunterbrook Media published a report alleging that Richtech misrepresented its relationship with Microsoft. Microsoft clarified that the engagement was part of a standard customer program with no commercial element. This led to a substantial drop in Richtech’s stock price.

If you are an investor who suffered losses due to Richtech’s alleged misrepresentations, you have until April 3, 2026, to request lead plaintiff appointment in the class action lawsuit. The lead plaintiff is responsible for overseeing the litigation on behalf of the affected investors and may impact critical decisions related to the lawsuit.

It is essential for investors who purchased Richtech securities during the Class Period to consider their legal options and potential rights in this securities fraud class action lawsuit. To learn more about the investigation and potential actions, interested parties are encouraged to contact Lauren Molinaro of Kirby McInerney LLP by email at [email protected].

Investors are advised to take prompt action to protect their interests and potentially recover losses incurred due to Richtech’s alleged misleading statements. The lawsuit seeks to hold Richtech accountable for any false or deceptive practices that may have influenced investors’ decisions and caused financial harm.