NEW YORK, Feb. 04, 2026 (GLOBE NEWSWIRE) -- Kirby McInerney LLP reminds investors who purchased Rich...


NEW YORK, Feb.  04, 2026  (GLOBE NEWSWIRE) -- Kirby McInerney LLP reminds investors who purchased Richtech Robotics Inc. (“Richtech” or the “Company”) (NASDAQ:RR) securities to contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below, to discuss your rights or interests in the securities fraud class action lawsuit at no cost.  If you suffered a loss on your Richtech investments, you have until April 3, 2026 to request lead plaintiff appointment. Courts do not consider lead plaintiff applications submitted after this deadline. The lead plaintiff oversees the litigation on behalf of the class and may influence key decisions, including litigation strategy and settlement. Courts regularly appoint individual investors as lead plaintiffs, not only institutions.  Follow the link below for more information about the lawsuit:  [CONTACT THE FIRM IF YOU SUFFERED A LOSS]  What Is The Lawsuit About?  The lawsuit has been filed on behalf of investors who purchased securities during the period of January 27, 2026 through January 29, 2026, inclusive (“the Class Period”). The lawsuit alleges that: 1) Richtech claimed that it had a collaborative and commercial relationship with Microsoft when it did not; and (2) as a result, defendants’ statements about Richtech’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all times.  On January 20, 2026, Richtech filed its From 10-K, seven days past its extended deadline on January 13, 2026.  On January 27, 2026, Richtech announced a “hands-on collaboration” with Microsoft through Microsoft's AI Co-Innovation Labs to “jointly develop and deploy” agentic AI in robotic systems. On this news, the price of Richtech shares increased by $1.70 per share, or approximately 44.6%, from $3.81 per share on January 26, 2026 to close at $5.51 on January 27, 2026.  On January 28, 2026, Richtech announced a private placement of $38.7 million Class B shares. On this news, the price of Richtech shares declined by $0.43 per share, or approximately 7.8%, from $5.51 per share on January 27, 2026 to close at $5.08 on January 28, 2026.  On January 29, 2026, Hunterbrook Media issued a report alleging that the company mischaracterized a non-commercial participation in Microsoft’s AI Co-Innovation Labs as a “close collaboration.” According to the report, Microsoft stated that the engagement was a standard customer program with no commercial element, despite Richtech’s public statements implying a meaningful partnership. The report further noted that the announcement preceded a dilutive private placement and followed Richtech’s failure to file its Form 10-K in a timely manner, raising questions about the accuracy of the company’s prior disclosures. On this news, the price of Richtech shares declined by $1.06 per share, or approximately 20.9%, from $5.08 per share on January 28, 2026 to close at $4.02 on January 29, 2026.  [CLICK HERE TO LEARN MORE ABOUT THE CLASS ACTION]  What Should I Do?  If you purchased or otherwise acquired Richtech securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost.  [HOW CAN I PROTECT MY RIGHTS?]  Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website.  This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.  ContactsKirby McInerney LLP        Lauren Molinaro, Esq.212-699-1171https://www.kmllp.comhttps://securitiesleadplaintiff.com/investigations@kmllp.com  
            

RR SHAREHOLDER ALERT: Securities Fraud Lawsuit Filed on Behalf of Richtech Robotics Inc. Investors - Contact Kirby McInerney LLP by April 3, 2026

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>NEW YORK, Feb. 04, 2026 (GLOBE NEWSWIRE) -- Kirby McInerney LLP reminds investors who purchased Rich...</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Richtech Robotics Inc. is facing allegations of securities fraud regarding misleading statements about a supposed partnership with Microsoft, leading to significant share price volatility. Following a notable decline in share prices, investors are urged to act quickly regarding potential class action participation before the April 3, 2026 deadline.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Richtech faces a class action lawsuit for securities fraud.</li><li>The lawsuit claims false statements about Microsoft&#039;s collaboration.</li><li>Shares fell 20.9% following allegations of misleading claims.</li><li>Investors can request lead plaintiff status by April 3, 2026.</li><li>Richtech announced a $38.7 million private placement amidst controversies.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Microsoft (MSFT)</strong>: Allegations of false partnership could damage relationships and RR&#039;s market credibility.</li><li><strong>Hunterbrook Media (N/A)</strong>: Their report instigated a significant stock price drop for RR.</li></ul>
  </section>

  <section data-block="category">
    <h3>Legal</h3>
    <p>This news fits into the &#039;Legal&#039; category due to the class action lawsuit and allegations of securities fraud impacting investor sentiment and company valuation.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>The outcome of the class action lawsuit could significantly impact RR&#039;s stock price.</li><li>Investors are concerned about the legitimacy of Richtech&#039;s claims following the media report.</li><li>The April 3, 2026 deadline for lead plaintiff applications may spur volatility.</li><li>Richtech&#039;s previous share price gains may reverse due to these legal issues.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Shares rose 44.6% after a false collaboration announcement on January 27.</li><li>Shares fell 20.9% after allegations surfaced on January 29.</li><li>Private placement of $38.7 million announced on January 28.</li><li>Richtech filed its Form 10-K seven days late on January 20.</li><li>Investors have until April 3, 2026 to request lead plaintiff status.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Richtech&#039;s shares are likely to remain volatile in the near term, recommending a cautious approach.</p>
  </section>
</section>


<article>
    <h2>RR Shareholder Alert: Securities Fraud Lawsuit Filed for Richtech Robotics Inc. Investors</h2>
    <p>NEW YORK, Feb. 4, 2026 (GLOBE NEWSWIRE) — Kirby McInerney LLP has issued an important update for investors who acquired securities from Richtech Robotics Inc. (NASDAQ: <strong>RR</strong>). A securities fraud class action lawsuit has been initiated on their behalf, and affected investors are encouraged to reach out to Lauren Molinaro of Kirby McInerney LLP via email at <a href="mailto:investigations@kmllp.com">investigations@kmllp.com</a> or complete the contact form below. This communication is confidential and free of charge, providing an opportunity to discuss your legal rights and interests.</p>
    
    <h3>Deadline for Lead Plaintiff Appointment</h3>
    <p>If you have incurred financial losses due to Richtech investments, it is critical to act before <strong>April 3, 2026</strong>. Applications for lead plaintiff status submitted after this date will not be acknowledged by the court. As a lead plaintiff, you can guide the litigation process, making pivotal decisions regarding the strategy and potential settlements, and individuals have frequently been appointed over institutional investors.</p>

    <h3>Details of the Lawsuit</h3>
    <p>The class action lawsuit pertains to investors who bought Richtech securities between <strong>January 27, 2026</strong> and <strong>January 29, 2026</strong> (the "Class Period"). Allegations in the lawsuit include:</p>
    <ul>
        <li>Richtech falsely claimed a collaborative and commercial relationship with Microsoft.</li>
        <li>Statements made by the company regarding its business, operations, and future prospects were materially misleading and lacked a reasonable basis.</li>
    </ul>

    <h3>Events Leading to the Lawsuit</h3>
    <p>On <strong>January 20, 2026</strong>, Richtech delayed the filing of its Form 10-K, submitting it seven days after the extended due date of <strong>January 13, 2026</strong>. This was soon followed by a significant announcement:</p>
    <ul>
        <li>On <strong>January 27, 2026</strong>, Richtech reported a "hands-on collaboration" with Microsoft to develop agentic AI in robotic systems. Following this announcement, shares surged by <strong>$1.70</strong> (approximately <strong>44.6%</strong>), closing at <strong>$5.51</strong>.</li>
        <li>The next day, January 28, 2026, the company declared a private placement of <strong>$38.7 million</strong> worth of Class B shares, leading to a decline of <strong>$0.43</strong> (about <strong>7.8%</strong>), reducing the share price to <strong>$5.08</strong>.</li>
        <li>On <strong>January 29, 2026</strong>, Hunterbrook Media released a report asserting that Richtech had misrepresented its relationship with Microsoft as a commercial collaboration, noting that Microsoft's involvement was merely participatory without a commercial basis. This prompted shares to fall by <strong>$1.06</strong> (around <strong>20.9%</strong>), ending at <strong>$4.02</strong>.</li>
    </ul>

    <p>These developments raise serious concerns regarding Richtech's prior disclosures and the veracity of their public claims.</p>

    <h3>Next Steps for Affected Investors</h3>
    <p>If you are an investor in Richtech securities and seek further information, have insights to share, or wish to understand the implications of the ongoing investigation, reach out to Lauren Molinaro at Kirby McInerney LLP through email or the contact form below. Your consultation will be confidential and at no cost.</p>
    
    <h3>About Kirby McInerney LLP</h3>
    <p>Based in New York, Kirby McInerney LLP is a law firm dedicated to representing plaintiffs in matters related to securities, antitrust, and consumer litigation. The firm has secured recoveries amounting to billions of dollars for shareholders affected by securities fraud. More details can be found on the firm’s official website.</p>
    
    <p>This announcement may be regarded as Attorney Advertising in compliance with legal standards and ethical guidelines.</p>
    
    <footer>
        <p>Contacts: </p>
        <p>Kirby McInerney LLP<br>
        Lauren Molinaro, Esq.<br>
        Phone: 212-699-1171<br>
        Website: <a href="https://www.kmllp.com">www.kmllp.com</a><br>
        Email: <a href="mailto:investigations@kmllp.com">investigations@kmllp.com</a>
        </p>
    </footer>
</article>

Richtech Robotics Inc. is facing allegations of securities fraud regarding misleading statements about a supposed partnership with Microsoft, leading to significant share price volatility. Following a notable decline in share prices, investors are urged to act quickly regarding potential class action participation before the April 3, 2026 deadline.

RR SHAREHOLDER ALERT: Securities Fraud Lawsuit Filed on Behalf of Richtech Robotics Inc. Investors - Contact Kirby McInerney LLP by April 3, 2026

AI Summary

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Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Legal

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