iRobot Class Action Lawsuit Filed for Securities Violations.
PorAinvest
jueves, 21 de agosto de 2025, 10:20 am ET1 min de lectura
IRBT--
The complaint, filed by Levi & Korsinsky, LLP, claims that iRobot made false statements and/or concealed material information regarding the company's restructuring plan following the termination of its Amazon acquisition. Specifically, the lawsuit alleges that iRobot overstated the extent to which the restructuring plan would help the company maintain stability, making it unlikely that iRobot could operate profitably as a standalone entity. As a result, the complaint argues that there was substantial doubt about the company's ability to continue as a going concern, leading to materially false and misleading public statements [3].
Investors who believe they were adversely affected by these alleged securities fraud can contact Levi & Korsinsky, LLP by September 5, 2025, to request that the Court appoint them as lead plaintiff. There is no cost or obligation to participate, and investors may be entitled to compensation without payment of any out-of-pocket costs or fees [3].
The Gross Law Firm has also issued a notice to shareholders, encouraging them to contact the firm regarding possible lead plaintiff appointment. The firm notes that appointment as lead plaintiff is not required to partake in any recovery [2].
Investors are advised to register their information and seek legal advice promptly to understand their rights and potential eligibility for compensation in this class action lawsuit.
References:
[1] https://zlk.com/learn?p=irobot-corporation-irbt-securities-class-action-lawsuit-update
[2] https://www.marketscreener.com/news/irobot-corporation-class-action-the-gross-law-firm-reminds-irobot-corporation-investors-of-the-pend-ce7c51d3de81f021
[3] https://www.easternprogress.com/irobot-corporation-sued-for-securities-law-violations---investors-should-contact-levi-korsinsky-before/article_6261dbd2-cb26-59bc-93a4-e4fa32bf1c1e.html
A class action lawsuit has been filed against iRobot Corporation and certain officers in the US District Court for the Southern District of New York. The lawsuit alleges violations of federal securities laws and seeks damages for investors who purchased or acquired iRobot securities between January 29, 2024 and March 11, 2025. Investors have until September 5, 2025, to request the Court to appoint them as lead plaintiff.
NEW YORK, Aug. 15, 2025 — iRobot Corporation (NASDAQ: IRBT) is facing a class action lawsuit in the US District Court for the Southern District of New York. The lawsuit alleges violations of federal securities laws and seeks damages for investors who purchased or acquired iRobot securities between January 29, 2024, and March 11, 2025 [3].The complaint, filed by Levi & Korsinsky, LLP, claims that iRobot made false statements and/or concealed material information regarding the company's restructuring plan following the termination of its Amazon acquisition. Specifically, the lawsuit alleges that iRobot overstated the extent to which the restructuring plan would help the company maintain stability, making it unlikely that iRobot could operate profitably as a standalone entity. As a result, the complaint argues that there was substantial doubt about the company's ability to continue as a going concern, leading to materially false and misleading public statements [3].
Investors who believe they were adversely affected by these alleged securities fraud can contact Levi & Korsinsky, LLP by September 5, 2025, to request that the Court appoint them as lead plaintiff. There is no cost or obligation to participate, and investors may be entitled to compensation without payment of any out-of-pocket costs or fees [3].
The Gross Law Firm has also issued a notice to shareholders, encouraging them to contact the firm regarding possible lead plaintiff appointment. The firm notes that appointment as lead plaintiff is not required to partake in any recovery [2].
Investors are advised to register their information and seek legal advice promptly to understand their rights and potential eligibility for compensation in this class action lawsuit.
References:
[1] https://zlk.com/learn?p=irobot-corporation-irbt-securities-class-action-lawsuit-update
[2] https://www.marketscreener.com/news/irobot-corporation-class-action-the-gross-law-firm-reminds-irobot-corporation-investors-of-the-pend-ce7c51d3de81f021
[3] https://www.easternprogress.com/irobot-corporation-sued-for-securities-law-violations---investors-should-contact-levi-korsinsky-before/article_6261dbd2-cb26-59bc-93a4-e4fa32bf1c1e.html
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