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RxSight, Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm for More Information - RXST

1. RxSight faces a class-action lawsuit for alleged securities law violations. 2. The allegations include misleading statements about sales challenges and financial guidance. 3. Class period for the lawsuit is from November 7, 2024, to July 8, 2025. 4. The deadline for lead plaintiff registration is September 22, 2025. 5. Investors may recover losses if lead plaintiff designation is achieved.

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FAQ

Why Very Bearish?

The lawsuit indicates significant financial and operational challenges for RxSight, which could lead to declining investor confidence. Historically, companies facing similar actions often experience a drop in stock prices due to increased scrutiny and potential liabilities.

How important is it?

The article discusses a class-action lawsuit that directly targets RxSight, which could significantly impact its stock price and investor perceptions. The implications of misleading financial statements and operational challenges suggest a high potential impact on RxSight's market valuation.

Why Long Term?

Pending litigation outcomes can have prolonged effects on stock performance and investor sentiment, similar to prior cases with negative investor outcomes.

NEW YORK, Aug. 7, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of RxSight, Inc. (NASDAQ:RXST).

Shareholders who purchased shares of RXST during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.

CONTACT US HERE:

https://securitiesclasslaw.com/securities/rxsight-inc-loss-submission-form/?id=159954&from=4

CLASS PERIOD: November 7, 2024 to July 8, 2025

ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) the Company was experiencing "adoption challenges" and/or structural issues resulting in declines in sales and utilization; (2) defendants had overstated the demand for RxSight's products; (3) as a result, RxSight was unlikely to meet its own previously issued financial guidance for fiscal year 2025; and (4) that, as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

DEADLINE: September 22, 2025 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/rxsight-inc-loss-submission-form/?id=159954&from=4

NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of RXST during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is September 22, 2025. There is no cost or obligation to you to participate in this case.

WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

The Gross Law Firm

15 West 38th Street, 12th floor

New York, NY, 10018

Email: dg@securitiesclasslaw.com

Phone: (646) 453-8903

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/rxsight-inc-sued-for-securities-law-violations--investors-should-contact-the-gross-law-firm-for-more-information--rxst-302523805.html

SOURCE The Gross Law Firm

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