Has the RXS crypto contract been audited by a reputable firm?
9/15/2025 04:30pm
**RxSight, Inc. (RXST) has not been audited by a reputable firm for securities fraud violations.** In fact, there is no available information suggesting that RxSight has undergone any audit related to its securities practices.
1. **Legal Actions and Investigations**: The information available indicates that RxSight is under investigation for securities fraud violations, with multiple law firms announcing their involvement in class action lawsuits. This suggests that there is a legal dispute regarding the company's securities, which often implies non-compliance with regulatory standards.
2. **Financial Performance and Compliance Issues**: The investigation focuses on whether RxSight issued misleading statements and failed to disclose important information to investors. The company's financial results have led to a significant drop in share prices, which may indicate accounting irregularities or mismanagement.
3. **Lack of Reputable Audit Reports**: There is no mention of any reputable audit firm conducting an audit of RxSight's securities. Typically, companies that are compliant with regulatory requirements and have strong financial practices would undergo audits by independent firms as part of their reporting cycle.
In conclusion, based on the available information, it can be inferred that RxSight has not been audited by a reputable firm for securities fraud violations. The company is currently under legal scrutiny, which is a critical indicator of potential non-compliance. Investors should exercise caution and consider the risks associated with investing in companies that are subject to such investigations.