PRCT Shareholder Alert: September 22, 2026 Lead Plaintiff Deadline in PROCEPT BIOROBOTICS CORPORATION Securities Class Action - Contact SueWallSt
Levi & Korsinsky, through its SueWallSt brand, issued a shareholder alert reminding PRCT investors that lead plaintiff motions in a pending securities class action are due September 22, 2026 in the U.S. District Court for the Northern District of California. The complaint alleges PROCEPT used an undisclosed discount program to pull forward bulk handpiece orders, with more than 10,000 excess handpieces allegedly accumulating in field inventory; PRCT shares fell more than 75% from a class-period high of roughly $100.00 to under $25.00. The October 2024 $175 million registered offering and roughly $90 million of alleged insider selling during the class period are central to the claims.
Key figures
- Class period
- February 28, 2024 to February 25, 2026
- Spo proceeds
- $175 million
- Stock decline pct
- >75%
- Price after decline
- <$25.00
- Alleged insider sales
- $90 million
- Class period high price
- $100.00
- Excess field handpieces
- >10,000
- Lead plaintiff deadline
- September 22, 2026
- Handpiece revenue per unit
- 3200
AI analysis
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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.