Robbins LLP Reminds PROCEPT BioRobotics Corporation Stockholders of the September 22, 2026 Lead Plaintiff Deadline in the PRCT Securities Class Action Lawsuit
San Diego, California--(Newsfile Corp. - September 8, 2026) - Robbins LLP reminds investors that a securities class action has been filed on behalf of all purchasers of PROCEPT BioRobotics Corporation (NASDAQ: PRCT) common stock between February 28, 2024 and February 25, 2026, inclusive (the "Class Period").
Investors who suffered significant losses during the Class Period may be eligible to participate in the lawsuit and should be aware of the upcoming September 22, 2026, deadline to seek appointment as lead plaintiff.
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Why Was PROCEPT Sued?
The complaint alleges that PROCEPT made materially false or misleading statements regarding its business, operations, and financial condition during the Class Period.
Specifically, the lawsuit alleges that the Company:
- utilized an extensive discount program designed to incentivize its customers to place bulk orders in excess of procedure demand;
- had an undisclosed discount program that artificially and unsustainably inflated the Company's reported U.S. handpiece unit sales and revenues by pulling forward sales at the expense of future periods;
- caused customer handpiece orders to materially exceed underlying procedure demand throughout the Class Period and that this differential had materially grown over time;
- had a consistent surplus of U.S. handpiece unit sales relative to performed procedures that created a glut of field inventory and overstocking amongst PROCEPT's customer base, amounting to more than 10,000 excess units by the end of the Class Period;
- materially overstated PROCEPT's handpiece unit sales and the utilization of PROCEPT's field Systems;
- was acutely exposed to material undisclosed risks of significant operational and financial harm; and
- was unable to achieve its stated 2025 handpiece sales and revenue guidance and such guidance lacked a reasonably achievable factual basis.
Why Did PRCT Stock Drop?
On August 6, 2025, PROCEPT announced second quarter 2025 earnings, revealing that headpiece unit shipments had unexpectedly deteriorated and reducing next quarter's consensus estimates by 500 units.
On November 4, 2025, PROCEPT announced third quarter 2025 earnings results, revealing that handpiece unit sales had missed the already disappointing sales guidance issued during the prior quarter. During the corresponding conference call, defendant Waters further revealed that PROCEPT was reducing its annual handpiece sales guidance by 1,000 units to allow for the "optimization of field inventory."

