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Richtech Robotics, Inc. (NASDAQ: RR)

Case Details

Join The Class Action

This lawsuit is for anyone who acquired securities in Richtech Robotics, Inc. (NASDAQ: RR) from January 27, 2026 through January 29, 2026.

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 claiming that the Company had a collaborative and commercial relationship with Microsoft when it did not.

On January 27, 2026, Richtech announced a “collaboration” with Microsoft’s AI Co-Innovation Labs to “jointly develop and deploy agentic artificial intelligence capabilities in real-world robotic systems.” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume. Then, On January 29, 2026, Hunterbrook Media published an article stating that, according to Microsoft, the so-called collaboration with Richtech “was a ‘standard’ customer program with ‘no commercial element.’” Further, “[t]his comes after Richtech missed its 10-K deadline, hampering its ability to raise money through at-the-market offerings.” On this news, the price of the Company’s stock again dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Richtech Robotics, Inc. (NASDAQ: RR) from January 27, 2026 through January 29, 2026 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.