LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Restoration Robotics, Inc. (“Restoration Robotics” or “the Company”) (NASDAQ: HAIR) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Restoration Robotics issued materially misleading offer materials, resulting in an artificial inflation of the Company’s stock price. As true information on Restoration Robotics entered the market, the Company’s shares dropped by more than 50% from the IPO price of $7.00 per share.
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The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
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