Rxsight, Inc. Investors: Please Contact The Portnoy Law Firm To Recover Your Losses. September 22, 2025 Deadline To File Lead Plaintiff Motion.
LOS ANGELES, Sept. 05, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises RxSight, Inc. ("RxSight" or the "Company") (NASDAQ: RXST) investors of a class action representing investors that bought securities between November 7, 2024 and July 8, 2025 , inclusive (the "Class Period"). RxSight investors have until September 22, 2025 to file a lead plaintiff motion.
Investors are encouraged to contact attorney Lesley F. Portnoy , by phone 310-692-8883 or email : ..., to discuss their legal rights, or click here to join the case. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for pursuing claims to recover their losses.
CASE ALLEGATIONS: RxSight is a commercial-stage medical technology company that develops, manufactures, and sells light adjustable intraocular lenses (“LAL”) used in cataract surgery.
The RxSight class action lawsuit alleges that defendants made false and/or misleading statements and failed to disclose that: (i) RxSight was experiencing adoption challenges and structural issues that were negatively impacting sales and utilization; (ii) demand for RxSight's products had been overstated; and (iii) as a result, the Company was unlikely to meet its previously issued financial guidance for fiscal year 2025.
The complaint further alleges that on July 8, 2025, RxSight reported preliminary second-quarter 2025 financial results revealing sharp declines in Light Delivery Device (“LDD”) sales, LAL utilization, and overall revenue. RxSight also reduced its full-year 2025 guidance by approximately $42.5 million at the midpoint, while CEO Ronald Kurtz acknowledged that“[a]doption challenges over the last few quarters have been a primary reason for the LDD stall.” On this news, the price of RxSight stock fell nearly 38%, according to the complaint.
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The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm's founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
...
310-692-8883
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