Investors Alert: Class Action Update for 3D Systems Corp
Class Action Lawsuit Notification for Investors
In a recent communication, Levi & Korsinsky, LLP has brought to attention a class action lawsuit involving 3D Systems Corporation (NYSE: DDD). This legal action is specifically for shareholders who may have experienced losses due to alleged fraudulent activities impacting the value of their shares.
Overview of the Class Action
The class action aims to seek recovery for investors affected by purported securities fraud that occurred between August 13, 2024, and May 12, 2025. It is crucial for affected individuals to understand their rights and the steps necessary to participate in this legal action.
Details of the Allegations
According to the filed complaint, the allegations suggest that 3D Systems Corporation misrepresented several key aspects of its business. Notably, the company is accused of downplaying the effects of reduced customer spending while overstating its resilience during tough market conditions. Additionally, there are claims that alterations in its partnership with United Therapeutics Corporation could adversely affect revenue from its regenerative medicine initiatives. Consequently, it is argued that the company’s public statements were significantly misleading at various points throughout this timeframe.
What Should Investors Do?
If you are an investor in 3D Systems Corporation and believe you have experienced losses relevant to this case, it is paramount to act quickly. The deadline to apply to become the lead plaintiff in this lawsuit is August 12, 2025. However, being a lead plaintiff is not a prerequisite for participating in any potential recovery.
Zero Costs for Participation
One of the most significant aspects of this class action is that there are no out-of-pocket costs for class members. Investors can participate without incurring any fees or obligations.
Levi & Korsinsky’s Track Record
Levi & Korsinsky has built a solid reputation over the last two decades, securing substantial settlements for shareholders in various high-stakes cases. With a team of over 70 professionals, the firm has been recognized as a top performer in the securities litigation space, earning accolades for its effective representation of investors in complex cases.
Contact Information
If you believe you qualify for this class action or have questions, you can reach out to Joseph E. Levi, Esq. by telephone at (212) 363-7500. You can also send an email at jlevi@levikorsinsky.com.
Frequently Asked Questions
What is the class action lawsuit about?
The lawsuit pertains to alleged securities fraud that affected 3D Systems Corporation investors between specific dates.
When is the deadline for becoming a lead plaintiff?
The deadline is August 12, 2025, for any investor wishing to become a lead plaintiff.
Are there any costs to participate in the lawsuit?
No, participating as a class member involves no out-of-pocket costs.
Who can I contact for more information?
You can contact Joseph E. Levi, Esq., via telephone or email for any inquiries.
How has Levi & Korsinsky performed in past cases?
They have a strong track record securing significant settlements for investors in numerous cases over the last 20 years.
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