NEW YORK, June 27, 2018 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP announces that a federal securities class action lawsuit has been filed in the United States District Court for the Northern District of California on behalf of all persons or entities that acquired securities of Restoration Robotics, Inc. ("Restoration Robotics") (NASDAQ: HAIR ) pursuant to the Initial Public Offering (“IPO”) on October 11, 2017 or in the open-market subsequent to the IPO.
Investors who have incurred losses in shares of Restoration Robotics, Inc. a re urged to contact the firm immediately at classmember@whafh.com or (800) 575-0735 or (212) 545-4774. You may obtain additional information concerning the action on our website, www.whafh.com.
If you have incurred losses in the shares of you may, no later than August 21, 2018 , request that the Court appoint you lead plaintiff of the proposed class. Please contact Wolf Haldenstein to learn more about your rights as an investor in Restoration Robotics, Inc.
The filed complaint alleges that Restoration Robotics negligently included untrue statements of material facts in the Offering Materials issued in connection with the Initial Public Offering. The complaint further alleges that as a result of the materially misleading Offering Materials, the Company’s stock price was artificially inflated at the time of the IPO.
At the time of the IPO, Restoration Robotics sold over 4 million shares at a price of $7.00 per share. Subsequent to the IPO, however, Restoration Robotics stock has fallen substantially, with a recent close of $3.49 per share on June 26, 2018.
Wolf Haldenstein Adler Freeman & Herz LLP has extensive experience in the prosecution of securities class actions and derivative litigation in state and federal trial and appellate courts across the country. The firm has attorneys in various practice areas; and offices in New York, Chicago and San Diego. The reputation and expertise of this firm in shareholder and other class litigation has been repeatedly recognized by the courts, which have appointed it to major positions in complex securities multi-district and consolidated litigation.
If you wish to discuss this action or have any questions regarding your rights and interests in this case, please immediately contact Wolf Haldenstein by telephone at (800) 575-0735, via e-mail at classmember@whafh.com , or visit our website at www.whafh.com.
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Contact:
Wolf Haldenstein Adler Freeman & Herz LLP Kevin Cooper, Esq. Gregory Stone, Director of Case and Financial Analysis Email: gstone@whafh.com , kcooper@whafh.com or classmember@whafh.com Tel: (800) 575-0735 or (212) 545-4774 Attorney Advertising. Prior results do not guarantee or predict a similar outcome.
