{"id":988371,"date":"2026-08-03T09:08:14","date_gmt":"2026-08-03T13:08:14","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-rgrd-law-files-class-action-lawsuit-against-procept-biorobotics-corporation-and-announces-opportunity-for-investors-with-substantial-losses-to-lead-the-procept-class-action-lawsuit-p\/"},"modified":"2026-08-03T09:08:14","modified_gmt":"2026-08-03T13:08:14","slug":"investor-alert-rgrd-law-files-class-action-lawsuit-against-procept-biorobotics-corporation-and-announces-opportunity-for-investors-with-substantial-losses-to-lead-the-procept-class-action-lawsuit-p","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-rgrd-law-files-class-action-lawsuit-against-procept-biorobotics-corporation-and-announces-opportunity-for-investors-with-substantial-losses-to-lead-the-procept-class-action-lawsuit-p\/","title":{"rendered":"INVESTOR ALERT: RGRD Law Files Class Action Lawsuit Against PROCEPT BioRobotics Corporation and Announces Opportunity for Investors with Substantial Losses to Lead the Procept Class Action Lawsuit – PRCT"},"content":{"rendered":"
\n

SAN DIEGO, Aug. 03, 2026 (GLOBE NEWSWIRE) — Robbins Geller Rudman & Dowd LLP<\/strong><\/a> announces that purchasers of PROCEPT BioRobotics Corporation (NASDAQ: PRCT) common stock between February 28, 2024 and February 25, 2026, both dates inclusive (the \u201cClass Period\u201d), have until September 22, 2026 to seek appointment as lead plaintiff of the Procept <\/em>class action lawsuit. Captioned Operating Engineers Construction Industry and Miscellaneous Pension Fund v. PROCEPT BioRobotics Corporation<\/em>, No. 26-cv-07691 (N.D. Cal.), the Procept <\/em>class action lawsuit charges Procept and certain of Procept\u2019s top current and former executive officers with violations of the Securities Exchange Act of 1934.<\/p>\n

\n If you suffered substantial losses and wish to serve as lead plaintiff of the <\/strong>
\n
\n Procept <\/em>
\n <\/strong>
\n class action lawsuit, please provide your information here:<\/strong>\n <\/p>\n

\n
\n https:\/\/www.rgrdlaw.com\/cases-procept-biorobotics-corporation-class-action-lawsuit-prct.html<\/strong>
\n <\/a>\n <\/p>\n

\n You can also contact attorneys <\/strong>
\n
\n Ken Dolitsky<\/strong>
\n <\/a>
\n or <\/strong>
\n
\n Michael Albert<\/strong>
\n <\/a>
\n of Robbins Geller by calling 800\/851-7783 or via e-mail at <\/strong>
\n
\n info@rgrdlaw.com<\/strong>
\n <\/a>
\n .<\/strong>\n <\/p>\n

\n CASE ALLEGATIONS<\/strong>: Procept is a medical technology company that sells surgical devices used in the treatment of benign prostatic hyperplasia.<\/p>\n

The Procept <\/em>class action lawsuit alleges that defendants throughout the Class Period made materially false and\/or misleading statements because they failed to disclose the following adverse facts pertaining to Procept\u2019s business, operations, and financial condition, which were known to defendants or recklessly disregarded by them as follows: (i) that, during the Class Period, Procept had utilized an extensive discount program designed to incentivize its customers to place bulk orders in excess of procedure demand; (ii) that Procept\u2019s undisclosed discount program had artificially and unsustainably inflated Procept\u2019s reported U.S. handpiece unit sales and revenues by pulling forward sales at the expense of future periods; (iii) that Procept\u2019s undisclosed discount program had caused customer handpiece orders to materially exceed underlying procedure demand throughout the Class Period and that this differential had materially grown over time; (iv) that Procept\u2019s consistent surplus of U.S. handpiece unit sales relative to performed procedures had created a glut of field inventory and overstocking amongst Procept\u2019s customer base, amounting to more than 10,000 excess units by the end of the Class Period; (v) that, as a result of (i)-(iv) above, defendants\u2019 representations during the Class Period regarding Procept\u2019s handpiece unit sales and the utilization of Procept\u2019s field Systems were materially overstated; (vi) that, as a result of (i)-(v) above, Procept was acutely exposed to material undisclosed risks of significant operational and financial harm; and (vii) that, as a result of (i)-(vi) above, Procept was unable to achieve its stated 2025 handpiece sales and revenue guidance and such guidance lacked a reasonably achievable factual basis.<\/p>\n

The Procept <\/em>class action lawsuit further alleges that on August 6, 2025, Procept announced earnings for its second fiscal quarter of 2025, revealing that Procept had only sold approximately 12,750 handpieces in the United States during the quarter. During Procept\u2019s earnings call, defendant Kevin Waters reported that Procept expected to ship approximately 13,350 units in the following quarter, significantly below consensus estimates of more than 13,840 units. Procept\u2019s quarterly handpiece sales guidance also implied that Procept would need to grow handpiece sales by approximately 25% year-over-year in the fourth quarter in order to meet Procept\u2019s annual unit sales guidance. In addition, defendant Reza Zadno revealed that Procept was eliminating the role of Chief Commercial Officer in order to \u201cstrengthen\u201d Procept\u2019s \u201ccommercial execution.\u201d On this news, the price of Procept stock fell approximately 16% over a two-day trading period.<\/p>\n

Then, on November 4, 2025, Procept announced earnings results for its third fiscal quarter of 2025, revealing that Procept had only sold 13,225 handpieces during the quarter, which missed Procept\u2019s sales guidance issued during the prior quarter. During the corresponding conference call, defendant Kevin Waters further revealed that Procept was reducing its annual handpiece sales guidance by 1,000 units, down from 53,000 units to 52,000 units to allow for the \u201coptimization of field inventory.\u201d Defendant Larry L. Wood further admitted that Procept had not \u201cbeen managing customer inventory by establishing par levels\u201d and that some customers were \u201cprobably carrying too much inventory.\u201d On this news, the price of Procept stock fell more than 10% over a two-day trading period.<\/p>\n

Finally, on February 25, 2026, Procept announced earnings results for its fourth fiscal quarter and year ending December 31, 2025. Procept revealed that handpiece sales had materially exceeded procedures in every quarter since the first fiscal quarter of 2023, a differential which had consistently grown over time, ultimately resulting in cumulative excess field inventory of more than 10,000 units. Procept further revealed that quarterly handpiece unit sales in the United States had declined significantly from 13,225 units in the third quarter to 9,400 units, representing a sequential decline of nearly 30%. On this news, the price of Procept stock fell more than 18% over a two-day trading period.<\/p>\n

The plaintiff is represented by Robbins Geller, which has extensive experience<\/strong><\/a> in prosecuting investor class actions including actions involving financial fraud. You can view a copy of the complaint by clicking here<\/strong><\/a>.<\/p>\n

\n THE LEAD PLAINTIFF PROCESS<\/strong>: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased Procept common stock during the Class Period to seek appointment as lead plaintiff in the Procept <\/em>class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Procept <\/em>class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Procept <\/em>class action lawsuit. An investor\u2019s ability to share in any potential future recovery of the Procept <\/em>class action lawsuit is not dependent upon serving as lead plaintiff.<\/p>\n

\n ABOUT ROBBINS GELLER: <\/strong>Robbins Geller Rudman & Dowd LLP is one of the world\u2019s leading law firms representing investors in securities fraud and shareholder rights litigation. Our Firm ranked #1 on the most recent ISS Securities Class Action Services Top 50 Report, recovering more than $916 million for investors in 2025. This marks our fourth #1 ranking in the past five years. And in those five years alone, Robbins Geller recovered $8.4 billion for investors \u2013 $3.4 billion more than any other law firm. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs\u2019 firms in the world, and the Firm\u2019s attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever \u2013 $7.2 billion \u2013 in In re Enron Corp. Sec. Litig.<\/em> Please visit the following page for more information:<\/p>\n

\n
\n https:\/\/www.rgrdlaw.com\/services-litigation-securities-fraud.html<\/strong>
\n <\/a>\n <\/p>\n

Past results do not guarantee future outcomes.\u00a0
Services may be performed by attorneys in any of our offices.\u00a0<\/p>\n

Contact:
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Robbins Geller Rudman & Dowd LLP
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Ken Dolitsky
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Michael Albert
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0655 W. Broadway, Suite 1900, San Diego, CA 92101
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0800\/851-7783
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0info@rgrdlaw.com<\/strong><\/a><\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

SAN DIEGO, Aug. 03, 2026 (GLOBE NEWSWIRE) — Robbins Geller Rudman & Dowd LLP announces that purchasers of PROCEPT BioRobotics Corporation (NASDAQ: PRCT) common stock between February 28, 2024 and February 25, 2026, both dates inclusive (the \u201cClass Period\u201d), have until September 22, 2026 to seek appointment as lead plaintiff of the Procept class action lawsuit. Captioned Operating Engineers Construction Industry and Miscellaneous Pension Fund v. PROCEPT BioRobotics Corporation, No. 26-cv-07691 (N.D. Cal.), the Procept class action lawsuit charges Procept and certain of Procept\u2019s top current and former executive officers with violations of the Securities Exchange Act of 1934. If you suffered substantial losses and wish to serve as lead plaintiff of the Procept class action lawsuit, please provide your … <\/p>\n

Continue reading “INVESTOR ALERT: RGRD Law Files Class Action Lawsuit Against PROCEPT BioRobotics Corporation and Announces Opportunity for Investors with Substantial Losses to Lead the Procept Class Action Lawsuit – PRCT”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-988371","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nINVESTOR ALERT: RGRD Law Files Class Action Lawsuit Against PROCEPT BioRobotics Corporation and Announces Opportunity for Investors with Substantial Losses to Lead the Procept Class Action Lawsuit - PRCT - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-rgrd-law-files-class-action-lawsuit-against-procept-biorobotics-corporation-and-announces-opportunity-for-investors-with-substantial-losses-to-lead-the-procept-class-action-lawsuit-p\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"INVESTOR ALERT: RGRD Law Files Class Action Lawsuit Against PROCEPT BioRobotics Corporation and Announces Opportunity for Investors with Substantial Losses to Lead the Procept Class Action Lawsuit - PRCT - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SAN DIEGO, Aug. 03, 2026 (GLOBE NEWSWIRE) — Robbins Geller Rudman & Dowd LLP announces that purchasers of PROCEPT BioRobotics Corporation (NASDAQ: PRCT) common stock between February 28, 2024 and February 25, 2026, both dates inclusive (the \u201cClass Period\u201d), have until September 22, 2026 to seek appointment as lead plaintiff of the Procept class action lawsuit. Captioned Operating Engineers Construction Industry and Miscellaneous Pension Fund v. PROCEPT BioRobotics Corporation, No. 26-cv-07691 (N.D. Cal.), the Procept class action lawsuit charges Procept and certain of Procept\u2019s top current and former executive officers with violations of the Securities Exchange Act of 1934. If you suffered substantial losses and wish to serve as lead plaintiff of the Procept class action lawsuit, please provide your … Continue reading "INVESTOR ALERT: RGRD Law Files Class Action Lawsuit Against PROCEPT BioRobotics Corporation and Announces Opportunity for Investors with Substantial Losses to Lead the Procept Class Action Lawsuit – PRCT"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-rgrd-law-files-class-action-lawsuit-against-procept-biorobotics-corporation-and-announces-opportunity-for-investors-with-substantial-losses-to-lead-the-procept-class-action-lawsuit-p\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-08-03T13:08:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTgwMTQ2MSM3NzUyNjQ1IzIxMzY1Nzk=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-rgrd-law-files-class-action-lawsuit-against-procept-biorobotics-corporation-and-announces-opportunity-for-investors-with-substantial-losses-to-lead-the-procept-class-action-lawsuit-p\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-rgrd-law-files-class-action-lawsuit-against-procept-biorobotics-corporation-and-announces-opportunity-for-investors-with-substantial-losses-to-lead-the-procept-class-action-lawsuit-p\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"INVESTOR ALERT: RGRD Law Files Class Action Lawsuit Against PROCEPT BioRobotics Corporation and Announces Opportunity for Investors with Substantial Losses to Lead the Procept Class Action Lawsuit – PRCT\",\"datePublished\":\"2026-08-03T13:08:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-rgrd-law-files-class-action-lawsuit-against-procept-biorobotics-corporation-and-announces-opportunity-for-investors-with-substantial-losses-to-lead-the-procept-class-action-lawsuit-p\\\/\"},\"wordCount\":1141,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-rgrd-law-files-class-action-lawsuit-against-procept-biorobotics-corporation-and-announces-opportunity-for-investors-with-substantial-losses-to-lead-the-procept-class-action-lawsuit-p\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTgwMTQ2MSM3NzUyNjQ1IzIxMzY1Nzk=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-rgrd-law-files-class-action-lawsuit-against-procept-biorobotics-corporation-and-announces-opportunity-for-investors-with-substantial-losses-to-lead-the-procept-class-action-lawsuit-p\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-rgrd-law-files-class-action-lawsuit-against-procept-biorobotics-corporation-and-announces-opportunity-for-investors-with-substantial-losses-to-lead-the-procept-class-action-lawsuit-p\\\/\",\"name\":\"INVESTOR ALERT: RGRD Law Files Class Action Lawsuit Against PROCEPT BioRobotics Corporation and Announces Opportunity for Investors with Substantial Losses to Lead the Procept Class Action Lawsuit - 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PRCT - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-rgrd-law-files-class-action-lawsuit-against-procept-biorobotics-corporation-and-announces-opportunity-for-investors-with-substantial-losses-to-lead-the-procept-class-action-lawsuit-p\/","og_locale":"en_US","og_type":"article","og_title":"INVESTOR ALERT: RGRD Law Files Class Action Lawsuit Against PROCEPT BioRobotics Corporation and Announces Opportunity for Investors with Substantial Losses to Lead the Procept Class Action Lawsuit - PRCT - Market Newsdesk","og_description":"SAN DIEGO, Aug. 03, 2026 (GLOBE NEWSWIRE) — Robbins Geller Rudman & Dowd LLP announces that purchasers of PROCEPT BioRobotics Corporation (NASDAQ: PRCT) common stock between February 28, 2024 and February 25, 2026, both dates inclusive (the \u201cClass Period\u201d), have until September 22, 2026 to seek appointment as lead plaintiff of the Procept class action lawsuit. Captioned Operating Engineers Construction Industry and Miscellaneous Pension Fund v. PROCEPT BioRobotics Corporation, No. 26-cv-07691 (N.D. Cal.), the Procept class action lawsuit charges Procept and certain of Procept\u2019s top current and former executive officers with violations of the Securities Exchange Act of 1934. If you suffered substantial losses and wish to serve as lead plaintiff of the Procept class action lawsuit, please provide your … Continue reading \"INVESTOR ALERT: RGRD Law Files Class Action Lawsuit Against PROCEPT BioRobotics Corporation and Announces Opportunity for Investors with Substantial Losses to Lead the Procept Class Action Lawsuit – PRCT\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-rgrd-law-files-class-action-lawsuit-against-procept-biorobotics-corporation-and-announces-opportunity-for-investors-with-substantial-losses-to-lead-the-procept-class-action-lawsuit-p\/","og_site_name":"Market Newsdesk","article_published_time":"2026-08-03T13:08:14+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTgwMTQ2MSM3NzUyNjQ1IzIxMzY1Nzk=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-rgrd-law-files-class-action-lawsuit-against-procept-biorobotics-corporation-and-announces-opportunity-for-investors-with-substantial-losses-to-lead-the-procept-class-action-lawsuit-p\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-rgrd-law-files-class-action-lawsuit-against-procept-biorobotics-corporation-and-announces-opportunity-for-investors-with-substantial-losses-to-lead-the-procept-class-action-lawsuit-p\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"INVESTOR ALERT: RGRD Law Files Class Action Lawsuit Against PROCEPT BioRobotics Corporation and Announces Opportunity for Investors with Substantial Losses to Lead the Procept Class Action Lawsuit – PRCT","datePublished":"2026-08-03T13:08:14+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-rgrd-law-files-class-action-lawsuit-against-procept-biorobotics-corporation-and-announces-opportunity-for-investors-with-substantial-losses-to-lead-the-procept-class-action-lawsuit-p\/"},"wordCount":1141,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-rgrd-law-files-class-action-lawsuit-against-procept-biorobotics-corporation-and-announces-opportunity-for-investors-with-substantial-losses-to-lead-the-procept-class-action-lawsuit-p\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTgwMTQ2MSM3NzUyNjQ1IzIxMzY1Nzk=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-rgrd-law-files-class-action-lawsuit-against-procept-biorobotics-corporation-and-announces-opportunity-for-investors-with-substantial-losses-to-lead-the-procept-class-action-lawsuit-p\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-rgrd-law-files-class-action-lawsuit-against-procept-biorobotics-corporation-and-announces-opportunity-for-investors-with-substantial-losses-to-lead-the-procept-class-action-lawsuit-p\/","name":"INVESTOR ALERT: RGRD Law Files Class Action Lawsuit Against PROCEPT BioRobotics Corporation and Announces Opportunity for Investors with Substantial Losses to Lead the Procept Class Action Lawsuit - 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