MARKET WIRE NEWS

Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of April 3, 2026 in Picard Medical, Inc. Lawsuit - PMI

MWN-AI** Summary

Levi & Korsinsky, LLP has announced a lead plaintiff deadline for shareholders involved in a class action lawsuit against Picard Medical, Inc. ("PMI"), with the cutoff date set for April 3, 2026. This class action pertains to investors who experienced financial losses as a result of alleged securities fraud that occurred between September 2, 2025, and October 31, 2025.

The lawsuit accuses Picard Medical of making misleading statements and concealing vital information regarding a purported fraudulent stock promotion scheme. This scheme allegedly involved the use of social media for disseminating misinformation and impersonating financial professionals. Furthermore, it is claimed that insiders utilized offshore or nominee accounts to engage in coordinated share dumping during a market price inflation campaign. The lawsuit asserts that Picard failed to disclose the false rumors and artificial trading that impacted its stock price, hence rendering its positive statements about business and prospects materially misleading.

Investors who faced losses during the defined period are encouraged to consider petitioning to be appointed as lead plaintiffs in the case. It is essential to note that participation in any potential recovery does not necessitate serving in this capacity. Levi & Korsinsky highlights that class members are likely entitled to compensation without incurring any out-of-pocket expenses, making the process cost-free for involved shareholders.

With over 20 years of experience in securing reparations for shareholders, Levi & Korsinsky has established a robust reputation in the realm of securities litigation, consistently ranking among the top firms in the United States. Interested investors can contact the firm directly for more information on how to proceed with their claims.

MWN-AI** Analysis

Investors in Picard Medical, Inc. (NYSE: PMI) should closely monitor developments surrounding the ongoing class-action securities lawsuit, particularly given the lead plaintiff deadline of April 3, 2026, per the announcement from Levi & Korsinsky, LLP. This lawsuit alleges serious misconduct including a fraudulent stock promotion scheme and improper insider trading, which could have significant implications for share prices and investor recoveries.

The allegations - namely the use of misinformation and coordination among insiders to inflate stock values - raise critical red flags for PMI. If these claims are substantiated, the liability could extend to substantial financial penalties or even criminal charges against the involved parties. For current shareholders, the lawsuit presents both risks and opportunities.

For those who believe they suffered financial loss during the period of alleged fraud from September 2, 2025, to October 31, 2025, the opportunity to serve as a lead plaintiff can provide enhanced involvement in the case. However, it's essential to understand that joining the lawsuit does not require you to be a lead plaintiff to qualify for any potential compensation.

From a market perspective, this announcement may generate short-term volatility in PMI shares as investors react to news about the lawsuit and its potential fallout. Traders should be cautious and consider implementing stop-loss orders to mitigate potential declines. For those with a long-term view, it may be prudent to evaluate the company’s fundamentals in light of the lawsuit and market sentiment.

Investors are advised to stay informed about the developments in this case and consider seeking guidance from financial and legal advisors regarding their positions in Picard Medical, to make informed decisions that best serve their financial interests.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: PR Newswire

Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of April 3, 2026 in Picard Medical, Inc. Lawsuit - PMI

PR Newswire

NEW YORK, March 11, 2026 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Picard Medical, Inc. ("Picard Medical, Inc." or the "Company") (NYSE: PMI) of a class action securities lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Picard Medical, Inc. investors who were adversely affected by alleged securities fraud between September 2, 2025 and October 31, 2025. Follow the link below to get more information and be contacted by a member of our team:

https://zlk.com/pslra-1/picard-medical-inc-lawsuit-submission-form?prid=184249&wire=4

PMI investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.

CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) Picard was the subject of a fraudulent stock promotion scheme involving social media-based misinformation and impersonated financial professionals; (2)insiders and/or affiliates used offshore or nominee accounts to facilitate the coordinated dumping of shares during a price inflation campaign; (3) Picard's public statements and risk disclosures omitted any mention of the false rumors and artificial trading activity driving the stock price; and (4) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

WHAT'S NEXT? If you suffered a loss in Picard Medical, Inc. during the relevant time frame, you have until April 3, 2026 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.

WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE Levi & Korsinsky, LLP

FAQ**

What are the specific allegations against Picard Medical Inc. (PMI) in the securities fraud lawsuit, and how have these claims impacted the shareholder value?

Picard Medical Inc. faces allegations of misleading investors about its financial health and product efficacy, resulting in a significant decline in shareholder value as confidence waned following the revelations of the purported fraudulent activities.

How does the class action lawsuit being led by Levi & Korsinsky aim to address the fraudulent activities associated with Picard Medical Inc. (PMI) during the specified time frame?

The class action lawsuit led by Levi & Korsinsky seeks to hold Picard Medical Inc. accountable for allegedly misleading investors about its financial health and business practices, thereby addressing the fraudulent activities that occurred during the specified time frame.

What steps should affected shareholders of Picard Medical Inc. (PMI) take before the lead plaintiff deadline of April 2026, to ensure they are adequately represented in the lawsuit?

Affected shareholders of Picard Medical Inc. should promptly gather all relevant documentation of their shares, consult with a securities attorney, register with the court, and file a motion to be a lead plaintiff before the April 3, 2026 deadline to ensure adequate representation.

How does the involvement of Levi & Korsinsky, known for their extensive experience in securities litigation, enhance the prospects of recovering losses for investors in Picard Medical Inc. (PMI)?

The involvement of Levi & Korsinsky, with their extensive experience in securities litigation, significantly enhances the prospects of recovering losses for investors in Picard Medical Inc. (PMI) by leveraging their expertise to navigate complex legal challenges effectively.

**MWN-AI FAQ is based on asking OpenAI questions about Picard Medical Inc. (NYSE: PMI).

Picard Medical Inc.

NASDAQ: PMI

PMI Trading

-1.48% G/L:

$1.1872 Last:

40,526 Volume:

$1.21 Open:

mwn-link-x Ad 300

PMI Latest News

PMI Stock Data

$123,817,976
24,468,790
N/A
6
N/A
Medical Equipment & Supplies
Healthcare
US
Tucson

Subscribe to Our Newsletter

Link Market Wire News to Your X Account

Download The Market Wire News App