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3 articles
GlobeNewswire Inc.GlobeNewswire Inc.··Hagens Berman

Richtech Robotics Stock Crashes 20% After Microsoft Partnership Denial in Securities Lawsuit

Richtech Robotics faces securities class action after Microsoft denied partnership, stock crashed 20% following 30% surge on alleged false collaboration announcement.
MSFTRRsecurities class actionmisleading statements
GlobeNewswire Inc.GlobeNewswire Inc.··Hagens Berman

Richtech Robotics Faces Securities Lawsuit Over Disputed Microsoft Partnership Claims

Richtech Robotics faces securities lawsuit after Microsoft denied commercial partnership claimed in January press release. Stock surged 30% then fell 20% following the clarification.
MSFTRRsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Hagens Berman

Richtech Robotics Faces Securities Lawsuit Over Microsoft Partnership Claims

Richtech Robotics faces securities lawsuit after overstating Microsoft partnership, causing 30% stock surge followed by 20% decline when Microsoft clarified limited engagement.
MSFTRRsecurities class actionmisleading statements