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Richtech Robotics faces class action after Microsoft denies partnership, causing stock to drop 20%.

Market News
02 Apr 2026
GlobeNewsWire
View Source
Bearish
pluang ai news

Richtech Robotics announced a collaboration with Microsoft on January 27, 2026, which boosted its stock by 30%. However, two days later, Microsoft denied any commercial partnership, clarifying it was only a standard customer program with no commercial element. This revelation caused Richtech's stock to plunge over 20%, prompting a securities class action lawsuit alleging the company misled investors to facilitate a dilutive equity raise. The law firm Hagens Berman is investigating and encourages affected investors to contact them before the April 3, 2026 deadline.

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Study finds 2 years of lenalidomide maintenance as effective as indefinite treatment for multiple myeloma.

Study finds 2 years of lenalidomide maintenance as effective as indefinite treatment for multiple myeloma.

The phase III ENDURANCE trial showed that two years of lenalidomide maintenance therapy offers the same long-term survival benefit as indefinite treatment for patients with standard-risk multiple myeloma who are not transplant candidates. After nearl...

Company Fundamentals
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42 minutes ago
Law firm investigates Hims & Hers for allegedly sharing users' private health data without consent.

Law firm investigates Hims & Hers for allegedly sharing users' private health data without consent.

Lowey Dannenberg, P.C. is investigating Hims & Hers Health, Inc. for allegedly sharing sensitive user health data, including medical histories and mental health info, with third parties without proper consent. This raises concerns about violations of...

Market News
Bearish
2 hours ago
DNRS revamps digital platform with 9thCO, adopting composable architecture for seamless user experience.

DNRS revamps digital platform with 9thCO, adopting composable architecture for seamless user experience.

Digital agency 9thCO completed a major digital transformation for DNRS, moving from a fragmented WordPress setup to a unified composable architecture. This upgrade centralizes user management, integrates key business tools like CRM and scheduling, an...

Others
Bullish
3 hours ago
Penguin Solutions strengthens finances with convertible notes amid strong earnings and raised price target.

Penguin Solutions strengthens finances with convertible notes amid strong earnings and raised price target.

Penguin Solutions is improving its capital structure by issuing convertible notes and refinancing existing debt to better manage its financial obligations. The company reported strong quarterly results, with revenue of $478.71 million and EPS of $0.8...

Market News
Bullish
3 hours ago
Figure Technology Solutions sets Q2 2026 earnings release for August 13, with a conference call planned.

Figure Technology Solutions sets Q2 2026 earnings release for August 13, with a conference call planned.

Figure Technology Solutions, a leader in blockchain-based capital markets, announced it will release its second quarter 2026 financial results on August 13, 2026, before the market opens. The company will hold a conference call at 8:30 a.m. Eastern T...

Company Fundamentals
Neutral
4 hours ago
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