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Class action lawsuits

3D Systems Corporation Faces Class Action Lawsuit Over Financial Misrepresentations

Strategic Insights

— 1 min read

3D Systems Corporation, a leading provider of 3D printing and digital manufacturing solutions, has been hit with a class action lawsuit alleging financial misrepresentations. The lawsuit, filed in the United States District Court for the District of Delaware, accuses the company and certain officers of violating federal securities laws. The complaint alleges that defendants made false and misleading statements regarding the company's business, operations, and compliance policies.

Key Takeaways:

  • The class action lawsuit, filed on July 7, 2025, seeks to recover damages caused by defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder.
  • The lawsuit alleges that defendants made false and misleading statements regarding the company's business, operations, and compliance policies, specifically regarding the impact of weakened customer spending on the company's business and the update to the milestone criteria in the United Partnership.
  • 3D Systems reported disappointing financial results for Q4 2024 and Q1 2025, including revenue declines and net losses.
  • The company attributed its disappointing results to a decline in material sales, mostly due to inventory management issues in the dental portion of its Healthcare Solutions segment, and withdrew its full-year 2025 outlook due to prolonged softness in customer capital spending and macroeconomic uncertainty.
  • Pomerantz LLP, a leading firm in corporate, securities, and antitrust class litigation, is representing the class of investors and has recovered billions of dollars in damages awards on behalf of class members in the past.

Statistics:

  • Revenue decline: $111 million in Q4 2024, a -3.4% year-over-year decline, and $94.5 million in Q1 2025, a 15% year-over-year decline.
  • Net loss: $37 million, or $0.28 per share, in Q1 2025, more than doubling the $16 million loss reported in Q1 2024.
  • Adjusted loss: $0.21 per share, deeper than consensus estimates of a loss of $0.14 per share.
  • Adjusted EBITDA: a loss of $23.9 million, deepening from a $20.1 million loss in Q1 2024.

Sources:

  • New York, July 7, 2025 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against 3D Systems Corporation and certain officers (Source: Pomerantz LLP).
  • See the Company's 2025 guidance and press releases announcing Q4 2024 and Q1 2025 financial results (Source: 3D Systems Corporation).
  • Market analysts' comments on 3D Systems' disappointing results (Source: Seeking Alpha).

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