NEW YORK, June 27, 2018 (GLOBE NEWSWIRE) — The following statement is being issued by Levi & Korsinsky, LLP:
To: All persons or entities who purchased or otherwise acquired securities of Restoration Robotics, Inc. (“Restoration Robotics”) (NASDAQGM:HAIR) pursuant to the initial public offering commenced on October 12, 2017 and closed on October 16, 2017. You are hereby notified that the securities class action lawsuit Guerrini v. Restoration Robotics, Inc. (5:18-cv-03712) has been commenced in the United States District Court for the Northern District of California, San Jose Division. To get more information go to:
or contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.
The complaint alleges that Restoration Robotics negligently issued untrue statements of material facts in, and omitted to state material facts required to be stated from, 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 3,897,910 shares at a price of $7.00 per share. Since the IPO, however, Restoration Robotics stock has fallen substantially, with a recent close of $2.69 per share on June 22, 2018.
If you suffered a loss in Restoration Robotics you have until August 21, 2018 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.
Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
30 Broad Street – 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171