What are the key filing and response deadlines related to the lawsuit, and how might they affect shortâterm trading activity?
Key filing and response dates
- Complaint filing:âŻThe Pomerantzâfiled classâaction complaint was lodged on SeptemberâŻ3âŻ2025 (the date of the press release).
- Company answer deadline:âŻUnder the Federal Rules of Civil Procedure, RxSight must serve its formal answer within 21âŻdays of service of the complaint (or 30âŻdays if a motion for extension is filed). Assuming standard service, the âanswerâbyâ date falls around SeptemberâŻ24â27âŻ2025.
- Classâcertification and settlementânegotiation windows:âŻThe courtâordered schedule for a motion to certify the class and for any settlementâoffer discussions typically begins 45â60âŻdays after the answer is filed. That pushes the first major litigationârelated catalyst into earlyâmidâOctober 2025.
Trading implications
The shortâterm market will react most sharply to the answerâdeadline. A defensive filing (denial of liability, request for dismissal) often triggers a sellâoff, especially for a stock already under negative sentiment (the alert shows a â70 sentiment score). Traders should watch for volume spikes and price breaks below recent support (ââŻ$2.10â$2.30) as investors price in the risk of a prolonged litigation battle. Conversely, if the companyâs response is unusually conciliatory or quickly offers a settlement, the stock could bounce on the prospect of a quicker resolution. Technical momentum around the deadline (e.g., a breakout above the 20âday EMA or a breakdown below the 50âday EMA) can be used as a trigger for shortâterm entries or exits.
In practice, a tightârange, highâvolatility play is appropriate: consider a shortâterm bearâput spread or a tightâstopâloss long position if the price cracks the key support before the SeptemberâŻ24â27 answer date. Keep an eye on any court filings or Pomerantz updates in the days leading up to the deadlineâthose releases typically move the stock more than the underlying fundamentals.