Lawsuit Filed Against RxSight, Inc.: Bragar Eagel & Squire, P.C. Urges Investors to Reach Out following Class Action Lawsuit
Bragar Eagel & Squire, P.C., a nationally recognised law firm, has announced the filing of a class action lawsuit against RxSight, Inc. (NASDAQ:RXST) in the United States District Court for the Central District of California. The lawsuit was filed by Advanced Vision Research.
The class action lawsuit alleges that RxSight and its executives made false and misleading statements about the company's financial situation, overstated the demand for its products, and concealed adoption challenges and structural issues that resulted in declines in sales and utilization. As a result, RxSight was unlikely to meet its own previously issued financial guidance for fiscal year 2025.
On July 8, 2025, RxSight reported preliminary second quarter of 2025 financial results, revealing significant declines in Light Delivery Device ("LDD") sales, LAL utilization, and overall revenue. Following this news, RxSight's stock price fell nearly 38%.
The class action lawsuit covers persons and entities who purchased or otherwise acquired RxSight securities between November 7, 2024 and July 8, 2025. The deadline to apply to be the lead plaintiff in the lawsuit is September 22, 2025.
Bragar Eagel & Squire, P.C. encourages potential clients to reach out if they purchased or otherwise acquired RxSight shares and suffered a loss, are long-term stockholders, have information, want to learn more about these claims, or have questions concerning this announcement or their rights or interests.
Interested parties can contact Bragar Eagel & Squire, P.C. by filling out a contact form on their website, by emailing [email protected], or by calling (212) 355-4648. The firm's contact information can also be found on LinkedIn, X, and Facebook. Brandon Walker, Esq., a partner at Bragar Eagel & Squire, P.C., can be followed on LinkedIn and X.
Bragar Eagel & Squire, P.C. represents individual and institutional investors in commercial, securities, derivative, and other complex litigation. The firm has offices in New York, California, and South Carolina. There is no cost or obligation to contact Bragar Eagel & Squire, P.C. for more information.
