Introduction to the 3D Systems Class Action Lawsuit
The 3D Systems class action lawsuit seeks to represent purchasers or acquirers of 3D Systems Corporation (NYSE: DDD) securities between August 13, 2024 and May 12, 2025, inclusive (the “Class Period”). Captioned Herbermann v. 3D Systems Corporation, No. 25-cv-00734 (D. Del.), the 3D Systems class action lawsuit charges 3D Systems and certain of 3D Systems’ top executives with violations of the Securities Exchange Act of 1934.
If you suffered substantial losses and wish to serve as lead plaintiff of the 3D Systems class action lawsuit, or just have general questions about you rights as a shareholder, please contact attorney Timothy L. Miles of the Law Offices of Timothy L. Miles, at no cost, by calling 855/846-6529 or via e-mail at [email protected]. Lead plaintiff motions for the 3D Systems class action lawsuit must be filed with the court no later than August 12, 2025.
1. What Are the Allegations in the 3D Systems Class Action Lawsuit?
3D Systems provides 3D printing and digital manufacturing solutions.
The 3D Systems class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that:
- 3D Systems had understated the impact of weakened customer spending on 3D Systems’ business, while overstating its resilience in challenging industry conditions; and
- In addition, the updated milestone criteria in 3D Systems’ partnership with United Therapeutics Corporation would negatively impact 3D Systems’ Regenerative Medicine Program revenue.
The 3D Systems class action lawsuit further alleges that on March 26, 2025, 3D Systems announced its financial results for the fourth quarter and full-year 2024, reporting, among other things:
- Fourth quarter non-GAAP earnings-per-share (“EPS”) of -$0.19, missing consensus estimates by $0.08 per share, and sales revenue of $111 million, representing a -3.4% year-over-year decline and missing consensus estimates by $4.17 million;
- Full-year sales of $440.1 million, a decrease of 10% compared to the prior year, driven by “lower hardware systems sales due to macroeconomic factors that are negatively impacting demand”; and
- A “$9 million revenue reduction in Q4 driven by a change in accounting estimates for [3D Systems’] Regenerative Medicine program” “related to the now anticipated use of preclinical human decedent testing . . . which led to refinement of the milestone technical criteria.” On this news, the price of 3D Systems stock fell nearly 21%, according to the complaint.
Then, on May 12, 2025, the 3D Systems lawsuit further alleges that 3D Systems announced its financial results for the first quarter of 2025, reporting, among other things, revenue of $94.5 million, down 8% year-over-year and missing consensus estimates of $99.5 million; a net loss of $37 million, or $0.28 per share, more than doubling the $16 million loss reported in the first quarter of 2024; an adjusted loss of $0.21 per share, deeper than consensus estimates of a loss of $0.14 per share; and adjusted EBITDA of a loss of $23.9 million, deepening from a $20.1 million loss in the first quarter of 2024.
According to the 3D Systems lawsuit, 3D Systems attributed its disappointing results, in part, to a decline in material sales, mostly due to inventory management issues in the dental portion of its Healthcare Solutions segment. 3D Systems also announced that it was withdrawing its full-year 2025 outlook, citing prolonged softness in customer capital spending and macroeconomic uncertainty, the 3D Systems class action lawsuit further alleges.
On this news, the price of 3D Systems stock fell more than 26%, according to the complaint.
2. Who is Affected by the 3D Systems Class Action Lawsuit?
The 3D Systems lawsuit primarily affects investors who purchased shares and suffered a loss during the period in which the alleged misconduct occurred. If you invested in 3D Systems during this time, you could be part of the affected class and eligible for compensation if the lawsuit succeeds.
Identifying whether you are part of the affected group is crucial for understanding your rights and potential benefits. The 3D Systems class action lawsuit may involve a specific time frame and set of circumstances that define the class of investors who can participate. Knowing these details will help you determine your eligibility and take appropriate action.
In addition to investors, the lawsuit can also impact the company’s executives, board members, and other stakeholders. The outcome of the 3D Systems lawsuit could influence 3D Systems’ reputation, financial stability, and future operations, affecting all parties associated with the company. Staying informed about the lawsuit’s progress is essential for anyone connected to 3D Systems.
3. When Is the Lead Plaintiff Deadline in the 3D Systems Class Action Lawsuit?
Lead plaintiff motions for the 3D Systems class action lawsuit must be filed with the court no later than August 12, 2025. When a securities class action is filed:
- The person who files the first complaint is required to publish a notice announcing the filing.
- Anyone who wants to be the lead plaintiff on behalf of the class must thereafter file a motion to be appointed as lead plaintiff(s) no later than 60 days after the notice was published.
4. What the the Benefits of Serving as a Lead Plaintiff in the 3D Systems Lawsuit?
- Negotiating more competitive attorney fees and reducing litigation costs.
- Managing the litigation by overseeing the progress of the case and reviewing important filings.
- Participating in mediation and settlement discussions.
- Having a voice in decision-making processes regarding the settlement.
- No financial risk, as lead counsel covers all costs and expenses and are paid only if they secure a settlement or judgment recovery for the class
- Potentially enjoying long-term benefits from governance reform resulting from the litigation.
5. What Responsibilities will the Lead Plaintiff Have in the 3D Systems Lawsuit?
- Selecting, monitoring, and overseeing Lead Counsel.
- Reviewing and commenting on court filings on behalf of the class.
- Discussing litigation strategies with the Lead Counsel.
- Attending depositions (if necessary) and giving a deposition.
- Attending hearings (if necessary).
- Participating in mediation and the trial (if necessary).
- Provide input on any decision concerning the settlement of the securities class action.
6. What Are the Eligibility Criteria for Lead Plaintiff Appointment in the 3D Systems Class Action Lawsuit?
To be eligible for appointment as the lead plaintiff in the 3D Systems class action lawsuit, an investor must meet the following criteria:
- Securities Acquisition: The investor must have purchased or acquired 3D Systems Corporation (NYSE: DDD) securities between August 13, 2024 and May 12, 2025.
- Financial Losses: The investor must have suffered financial losses as a direct result of the alleged securities fraud perpetrated by 3D Systems and its executives.
- Typicality and Adequacy: The investor’s legal claims must be typical of those asserted on behalf of the class, and they must demonstrate their ability to adequately represent the interests of the entire class through experience, resources, and the absence of conflicts of interest.
7. What Are the Legal Requirements for Prevailing in the 3D Systems Lawsuit?
- Material Misrepresentation or Omission
- Scienter
- Connection to Securities Transaction
- Reliance
- Economic Loss
- Loss Causation
8. What Is a Securities Fraud Class Action Lawsuit?
Securities fraud class action lawsuits represent a significant legal mechanism for investors who have suffered financial losses due to corporate malfeasance. These lawsuits, such as the 33D Systems class action lawsuit, typically arise when a company or its executives engage in deceptive practices that mislead investors about the company’s financial health or prospect.
The goal of such litigation is to hold the perpetrators accountable and secure compensation for the affected investors. Securities fraud encompasses a range of activities, including insider trading, false financial statements, and misleading disclosures, all of which can severely impact market integrity and investor confidence.
In a class action context, a group of investors collectively brings the lawsuit against the defendant, which could be a corporation or its executives. This collective approach is particularly powerful in the securities realm because it allows individual investors, who might not have the resources to pursue litigation on their own, to band together and seek justice.
The class action mechanism ensures that the legal process is efficient and that the interests of all affected investors are represented.
The complexity of securities fraud class action lawsuits requires plaintiffs to navigate a labyrinth of legal standards and procedural hurdles. One of the most significant challenges is surviving a motion to dismiss, a legal maneuver by the defendants to have the case thrown out before it reaches trial.
Understanding the nuances of these lawsuits is crucial for any stakeholder involved, as it sets the stage for the strategic decisions that will follow. In the case of the 3D Systems class action lawsuit, these elements come into sharp focus, highlighting the importance of a well-crafted legal strategy.
TIPS FOR INVESTORS:
Gathering and Organizing Relevant Evidence
In a securities class action lawsuit just like the 3D Systems class action lawsuit, evidence is the cornerstone of building a compelling case. For shareholders, gathering and organizing relevant evidence is a critical step in substantiating claims of corporate misconduct. The evidence typically revolves around documents and communications that demonstrate the company’s misrepresentations or omissions, as well as the financial harm suffered by shareholders. Below are some steps you should take:
- Compile all financial statements, press releases, analyst reports, emails, and any internal documents that shed light on the alleged wrongdoing alleged in the 3D Systems class action lawsuit.
- Meticulously document your investment history with the 3D Systems, including dates of stock purchases and sales, quantities, and prices. This information is crucial for calculating damages and proving that the shareholder suffered financial losses as a result of the company’s actions.
- Maintaining detailed records not only strengthens the individual’s position in the lawsuit but also contributes to the overall strength of the 3D Systems lawsuit, by providing a clear picture of the impact on shareholders.
- Organizing this evidence in a systematic manner is equally important. Shareholders can create a comprehensive file of all relevant documents, categorized by type and date, to facilitate easy retrieval and review by legal counsel.
This preparation not only aids in the efficient prosecution of the 3D Systems lawsuit, but also demonstrates the shareholder’s commitment and readiness to actively participate in the litigation process.
By thoroughly gathering and organizing evidence, shareholders lay a solid foundation for holding corporations accountable and seeking redress for their financial injuries.
Staying Informed: Monitoring Case Developments
In the fast-paced environment of securities class action lawsuits, staying informed about case developments is crucial for shareholders. As the 3D Systems class action lawsuit, moves forward, new information and events can significantly impact the strategy and potential outcomes. 3D Systems shareholders must actively monitor key milestones, such as court rulings, settlement negotiations, and any changes in the legal landscape. Keeping abreast of these developments ensures that shareholders are well-positioned to make timely and informed decisions.
Effective communication with legal counsel is essential for staying updated on case developments. Attorneys provide regular updates and analyses of the ongoing proceedings, helping shareholders understand the implications of each development. This information is vital for assessing the potential risks and benefits of different courses of action, such as whether to accept a settlement offer or continue pursuing the 33D Systems lawsuit,.
By maintaining open lines of communication with their legal team, shareholders can remain engaged and proactive throughout the litigation process.
Shareholders can also benefit from following news sources and industry reports related to the 3D Systems lawsuit, and the defendant company. These sources can provide valuable insights into broader market trends, regulatory changes, and public perceptions that may influence the case. By staying informed, shareholders can better anticipate shifts in the legal and financial landscape, enabling them to adapt their strategies and protect their interests effectively.
In securities class actions, knowledge is power, and staying informed is a key component of successful participation.
Contact Timothy L. Miles Today About an 3D Systems Class Action Lawsuit
If you suffered substantial losses and wish to serve as lead plaintiff of the 3D Systems class action lawsuit, or just have general questions about you rights as a shareholder, please contact attorney Timothy L. Miles of the Law Offices of Timothy L. Miles, at no cost, by calling 855/846-6529 or via e-mail at [email protected]. (24/7/365).
Timothy L. Miles, Esq.
Law Offices of Timothy L. Miles
Tapestry at Brentwood Town Center
300 Centerview Dr. #247
Mailbox #1091
Brentwood,TN 37027
Phone: (855) Tim-MLaw (855-846-6529)
Email: [email protected]
Website: www.classactionlawyertn.com
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