Glancy Prongay Wolke & Rotter LLP reminds investors that the deadline to file a lead plaintiff motion in the class action against Procept BioRobotics Corporation is September 22, 2026. The lawsuit covers investors who purchased or acquired Procept securities between February 28, 2024 and February 25, 2026. The complaint alleges that the company used an undisclosed discount program that artificially inflated U.S. handpiece sales, leading to more than 10,000 excess units in field inventory and a nearly 30% decline in fourth-quarter U.S. handpiece sales. Procept's stock price fell on multiple disclosures, including a 15.12% drop to $23.63 on February 26, 2026, after revealing the excess inventory and the elimination of the discount program.
Procept Biorobotics CorpSecurities fraud lawsuit alleging undisclosed discount program inflated sales and led to inventory issues, causing stock decline.