GlobeNewswire·Feb 4, 2026, 2:46 PM ET

RR LAWSUIT: Richtech Robotics Shares Continue to Fall; Investors Should Contact Block & Leviton to Recover Losses

Block & Leviton announced a securities fraud lawsuit filed against Richtech Robotics Inc. (NASDAQ: RR) and specific executives.
Richtech Robotics shares fell over 20% on January 29, 2026, after a Hunterbrook report alleged the company misrepresented a non-commercial Microsoft AI program as a "close collaboration."
Microsoft stated the engagement was a standard customer program with no commercial element, contradicting Richtech's public claims of a meaningful partnership.
The report noted the misleading announcement preceded a dilutive private placement & followed a failure to file Form 10-K timely.
The complaint alleges Richtech falsely claimed a collaborative commercial relationship with Microsoft, causing investors to suffer damages when true details emerged.
Eligible investors include anyone who purchased Richtech common stock between January 27, 2026, & January 29, 2026, regardless of whether shares were sold.
The deadline to seek appointment as lead plaintiff is April 3, 2026, as the class has not yet been certified.
Investors may contact Block & Leviton via email at shareholders@blockleviton.com or by phone at (888) 256-2510 to learn about recovery options.
Whistleblowers providing original non-public information to the SEC may receive rewards of up to 30% of any successful recovery.