Luis Gonzalez Diez, Individually and on behalf of all others similarly situated v. Richtech Robotics Inc., Wayne Huang, and Michael Huang

District Court, D. Nevada·Decided May 5, 2026·No. 2:26-cv-00231·Unknown

Opinion

DISTRICT OF NEVADA

LUIS GONZALEZ DIEZ, Individually Case No. 2:26-cv-00231-RFB-MDC and on behalf of all others similarly situated, STIPULATION AND [PROPOSED] ORDER

APPOINTING CO-LEAD PLAINTIFFS Plaintiff, v.

RICHTECH ROBOTICS INC., WAYNE HUANG, and MICHAEL HUANG,

Defendants.

Lead Plaintiff Movants, Charles Talisman (“Talisman”) and Hudson Mac Cayman Holding Company (“Hudson”), by and through their undersigned counsel, hereby stipulate as follows in support of their request for appointment as Co-Lead Plaintiffs and approval of their selection of Co- Lead Counsel: WHEREAS, on February 2, 2026, Luis Gonzalez Diez commenced the above-captioned action (the “Action”) alleging violations of the federal securities laws on behalf of a putative class consisting of investors in the securities of Richtech Robotics Inc. (“Richtech”) (see Dkt. No. 1); WHEREAS, as a putative class action alleging violations of the federal securities laws, this Action is governed by the Private Securities Litigation Reform Act of 1995 (the “PSLRA”), which provides, inter alia, that any putative Class member may move for appointment as Lead Plaintiff in the Action within 60 days of publication of notice of the pendency of the Action—here, on or before April 3, 2026 (see 15 U.S.C. § 78u-4(a)(3)(B)(iii)(I)(aa)); WHEREAS, on April 3, 2026, five members or member groups of the putative Class alleged in the Action filed timely, separate motions seeking appointment as Lead Plaintiff in the Action and Steven Crosby (Dkt. No. 23); (iii) Talisman (Dkt. No. 24); (iv) Jie Ci Li (Dkt. No. 25); and (v) Brian Zhang and Steve Rodgers (Dkt. No. 26); WHEREAS, Hudson and Talisman are the only remaining competing movants, as all other movants have either withdrawn their motions or filed notices of non-opposition (see Dkt. Nos. 27; 29; 32); WHEREAS, the PSLRA provides, inter alia, that the most adequate plaintiff to serve as Lead Plaintiff is, in the determination of the Court, the “person or group of persons” that has the largest financial interest in the relief sought by the class and otherwise satisfies the relevant requirements of Rule 23 of the Federal Rules of Civil Procedure (“Rule 23”) (15 U.S.C. § 78u-4(a)(3)(B)(iii)); WHEREAS, the PSLRA provides that, subject to the approval of the Court, the most adequate plaintiff will select and retain counsel to represent the class (15 U.S.C. § 78u-4(a)(3)(B)(v)); WHEREAS, Hudson and Talisman have each provided sworn Certifications pursuant to the PSLRA in support of their respective applications for Lead Plaintiff appointment, setting forth, inter alia, their transactions in Richtech securities (see Dkt. Nos. 21-4; 24-2); WHEREAS, Hudson claims to have sustained losses of approximately $203,560.80 as a result of Defendants’ alleged wrongful conduct (see Dkt. No. 21-5); WHEREAS, Talisman claims to have sustained losses of approximately $102,158.80 as a result of Defendants’ alleged wrongful conduct (see Dkt. No. 24-3); WHEREAS, accordingly, Hudson and Talisman have each alleged a significant financial interest in the outcome of this litigation; WHEREAS, Hudson and Talisman submit that they are also each qualified to serve as Lead Plaintiffs in this case given, among other things, their respective Lead Plaintiff motion submissions (Dkt. Nos. 20 and 24); WHEREAS, having reviewed one another’s submissions to the Court, Hudson and Talisman believe that they each satisfy the typicality and adequacy requirements of Rule 23; WHEREAS, after reviewing each other’s submissions to the Court, Hudson and Talisman — as the only two remaining movants in contention for appointment as Lead Plaintiff—have decided selections of Levi & Korsinsky, LLP (“Levi & Korsinsky”) and Hagens Berman Sobol Shapiro LLP (“Hagens Berman”) to serve as Co-Lead Counsel, and for Aldrich Law Firm, LTD. (“Aldrich”) and Albright, Stoddard, Warnick & Albright (“Albright”) to serve as Liaison Counsel, in that it will, inter alia, allow their counsel to pool their resources to immediately and efficiently commence prosecution of this Action and avoid further delay associated with a protracted lead plaintiff dispute; WHEREAS, Hudson and Talisman are committed to supervising the conduct of this litigation by their counsel and to ensuring that counsel coordinate appropriately, prosecute the Action efficiently, and avoid any duplication of effort in the conduct of the litigation; and WHEREAS, courts have endorsed stipulations among competing Lead Plaintiff movants, like here, as promoting the statutory purposes of the PSLRA, and have permitted “independent lead plaintiff movants [to] join together to help ensure that adequate resources and experience are available to the prospective class in the prosecution of th[e] action and because [e]mploying a co-lead plaintiff structure . . . will also provide the proposed class with the substantial benefits of joint decision- making.” In re Rockwell Med., Inc. Sec. Litig., No. 1:16-cv-01691-RJS, Dkt. No. 18 at 2–3 (S.D.N.Y. May 20, 2016) (internal quotation marks omitted) (citing Pirelli Armstrong Tire Corp. Retiree Med. Benefits Tr. v. LaBranche & Co., 229 F.R.D. 395, 420 (S.D.N.Y. 2004)); see also Qawasmi v. American Airlines Group Inc., No. 4:24-cv-00763-O (N.D. Tex. Nov. 22, 2024) (Dkt. No. 38) (approving stipulation of competing lead plaintiff movants to serve as co-lead plaintiffs and approving their selection of co-lead counsel); In re Grab Holdings Ltd. Sec. Litig., No. 1:22-cv-02189-VM (S.D.N.Y.), Dkt. No. 39 (same); In re Altimmune, Inc. Sec. Litig., No. 8:24-cv-01315-ABA (D. Md.), Dkt. No. 22 (same); Pizzuto v. Homology Meds., Inc., No. 2:22-cv-01968-FLA (JPRx) (C.D. Cal.), Dkt. No. 38 (same); Maurer v. Argos Therapeutics Inc., No. 1:17-cv-00216-TDS-LPA (M.D.N.C.), Dkt. No. 26 (same); In re Facebook, Inc. Sec. Litig., No. 5:18-cv-01725-EJD (N.D. Cal. Aug. 3, 2018), Dkt. No. 56 at 2 (approving stipulation of lead plaintiff movants where movants “concluded that a protracted dispute concerning lead plaintiff appointment . . . [was] not in the best interests of the class and that jointly prosecuting [the] litigation would be appropriate and assist with the speedy commencement of [the] litigation”); In re Millennial Media, Inc. Sec. Litig., 87 F. Supp. 3d 563, 570– the class the advantages of the combined knowledge, experience, and judgment of both lead plaintiffs.” (collecting cases)); Martin v. BioXcel Therapeutics, Inc. et al., No. 3:23-cv-00915 (D. Conn. Oct. 4, 2023) (approving joint motion of movants, finding “both the most adequate representatives of the class and thus appointing them as co-Lead Plaintiffs will best serve the interests of the class”); IT IS HEREBY STIPULATED AND AGREED THAT, subject to the Court’s approval, as follows: 1. Every pleading in this Action, and any related action that is consolidated with this Action, shall hereafter bear the following caption: UNITED STATES DISTRICT COURT DISTRICT OF NEVADA IN RE RICHTECH ROBOTICS INC. Case No. 2:26-cv-00231-RFB-MDC CLASS ACTION THIS DOCUMENT RELATES TO: [TITLE OF DOCUMENT]

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Luis Gonzalez Diez, Individually and on behalf of all others similarly situated v. Richtech Robotics Inc., Wayne Huang, and Michael Huang, (D. Nev. 2026).

Luis Gonzalez Diez, Individually and on behalf of all others similarly situated v. Richtech Robotics Inc., Wayne Huang, and Michael Huang (Luis Gonzalez Diez, Individually and on behalf of all others similarly situated v. Richtech Robotics Inc., Wayne Huang, and Michael Huang) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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