The lawsuit, filed by the Rosen Law Firm, claims Procept misled the market regarding its handpiece unit sales. According to the complaint, the company incentivized customers to place bulk orders far exceeding actual procedure demand. This strategy allegedly created an unsustainable glut of over 10,000 excess units in field inventory by the end of the class period. These actions, the suit argues, allowed the company to inflate its financial reports while obscuring the reality that its 2025 revenue guidance lacked a factual basis. When these details surfaced, the resulting market correction led to investor damages.

Investors wishing to participate in the litigation may do so without out-of-pocket costs via a contingency fee arrangement. While no class has been certified yet, those eligible can register through the firm's website or contact Phillip Kim, Esq. Participation as a lead plaintiff is not required to share in a potential future recovery, but those seeking that role must file their motions with the Court by the September 22 deadline.