IN RE RESTORATION ROBOTICS, INC. SECURITIES LITIGATION

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA SAN JOSE DIVISION

IN RE

Case No. 5:18-cv-03712-EJD

RESTORATION ROBOTICS, INC.

SECURITIES LITIGATION ORDER GRANTING IN PART AND

DENYING IN PART DEFENDANTS’

MOTION TO DISMISS; GRANTING

DEFENDANTS’ JOINDER MOTIONS

11 Re: Dkt. Nos. 45, 47, 49, 50

This class action arises out of Defendants’ alleged violations of Section 11 and 15 of the Securities Act of 1933 (“the Act”) during its initial public offering (“IPO”) of Restoration Robotics, a company dedicated to robotic hair restoration. Lead Plaintiff Edgardo Guerrini purchased Restoration Robotics common stock pursuant to the “Offering Materials,” see infra I.A., issued in connection with Restoration’s IPO. Plaintiff alleges violations of Section 11 and 15 of the Act and argues that the Offering Materials contained materially false or misleading statements regarding Restoration’s marketing function, the functionality of the ARTAS System…