Picard Medical, Inc. (NYSE: PMI)

This lawsuit is for anyone who acquired securities in Picard Medical, Inc. (NYSE: PMI) from September 2, 2025 through October 31, 2025.

The lawsuit alleges that the Company and certain of its executives violated federal law. Specifically, the lawsuit alleges that, throughout the time period mentioned above, the Company misled investors regarding its financial condition. More specifically, the lawsuit alleges that the Company misled investors by failing to prevent its insiders from engaging in a pump and dump scheme using undisclosed paid stock promoters.

On October 23, 2025, during aftermarket trading hours, Picard’s stock crash abruptly.  In the following days, as the stock continued to spiral downward, public reports indicated that Picard’s stock became the subject of an illicit social-media-based promotion scheme in which impersonators using stolen identities of real financial advisors touted Picard in online forums, chat groups, and social media posts in order to artificially inflate its price.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Picard Medical, Inc. (NYSE: PMI) from September 2, 2025 through October 31, 2025 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.