A securities class action lawsuit has been filed against Richtech Robotics Inc. in U.S. federal court in Nevada, alleging the company and certain top executives violated the Securities Exchange Act of 1934. The suit centers on claims that Richtech misrepresented having a collaborative and commercial relationship with Microsoft, and follows a Jan. 29, 2026 media report stating Microsoft denied any commercial partnership; Richtech’s Class B shares fell more than 29% over the next two trading days. Investors who bought or acquired the company’s publicly traded securities between Jan. 27, 2026 and noon EST on Jan. 29, 2026 have until April 3, 2026 to seek appointment as lead plaintiff.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Richtech Robotics Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202602221810PRIMZONEFULLFEED9658417) on February 22, 2026, and is solely responsible for the information contained therein.