CLASS NOTICE: On April 14, 2023, the Claims Administrator conducted the initial distribution of settlement funds to eligible claimants, as approved by the Court.

The information contained on this web page is only a summary of information presented in more detail in the Notice of Proposed Class Action Settlement, Settlement Hearing, and Application for Attorneys’ Fees and Expenses (the “Notice”), which you can access by clicking here.  Since this website is just a summary, you should review the Notice for additional details.

Court-appointed Lead Plaintiff (“Plaintiff”) and Class Representative, Edgardo Guerrini, on behalf of himself and the Class, has reached a proposed settlement of the Action for $4,175,000 in cash that, if approved, will resolve all claims in the Action (the “Settlement”).

If you are a member of the Class, your rights will be affected and you may be eligible for a payment from the Settlement, unless you timely request to be excluded.  The Class consists of:

all persons or entities who purchased or otherwise acquired Restoration Robotics common stock in or traceable to the Company’s October 12, 2017 Initial Public Offering and who were damaged thereby (the “Class”).

Excluded from the Class by definition are certain persons and entities (see paragraph 6 of the Notice) or those who request exclusion pursuant to the instructions set forth in the Notice (see paragraph 14 of the Notice).

Please read the Notice to fully understand your rights and options. Copies of the Notice and Claim Form can be found in the menu on the left of this page.

Payments to eligible claimants will be made only if the Court approves the Settlement and a Plan of Allocation, only after any appeals are resolved, and after the completion of all claims processing. Please be patient, as this process will take some time to complete.