Richtech Robotics Inc. is facing a federal securities class action lawsuit alleging that the company and its executives made false or misleading statements regarding a claimed collaboration with Microsoft. According to the complaint, Richtech stated it had a collaborative and commercial relationship with Microsoft, which it did not, making its public statements about business operations and prospects materially false or lacking a reasonable basis. Following the publication of a critical report questioning the Microsoft collaboration, Richtech’s stock dropped over 20 percent on January 29, 2026. Investors who purchased Richtech securities between January 27 and January 29, 2026, are being encouraged to consider their legal options ahead of the April 3, 2026 deadline to seek the role of lead plaintiff in the case.
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: 202602140732PRIMZONEFULLFEED9654180) on February 14, 2026, and is solely responsible for the information contained therein.