iRobot Investors: Deadline to Seek Lead Plaintiff is September 5, 2025.

Faruqi & Faruqi, LLP is investigating potential claims against iRobot Corporation regarding securities purchased between January 29, 2024 and March 11, 2025. The law firm is encouraging investors who suffered losses to contact James (Josh) Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310) to discuss their legal options. The deadline to seek the role of lead plaintiff in a federal securities class action is September 5, 2025.

New York, Sep 02, 2025 - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against iRobot Corporation (NASDAQ: IRBT) on behalf of investors who purchased securities between January 29, 2024, and March 11, 2025. The firm is encouraging investors who suffered losses exceeding $50,000 to contact James (Josh) Wilson directly to discuss their legal options. The deadline to seek the role of lead plaintiff in a federal securities class action is September 5, 2025.

The complaint alleges that iRobot and its executives violated federal securities laws by making false and/or misleading statements and failing to disclose significant information. Specifically, the complaint claims that iRobot overstated the benefits of its restructuring plan, which was intended to help the company maintain stability after the termination of its Amazon Acquisition. As a result, the company was unlikely to operate profitably as a standalone entity, and there was substantial doubt about its ability to continue as a going concern [1].

On March 12, 2025, iRobot reported its fourth quarter and full year 2024 financial results, including a loss of $2.06 per share on revenue of $172 million, representing a 44% year-over-year decline. The company also cautioned investors about potential factors that could affect its financial performance, including consumer demand, competition, macroeconomic conditions, and tariff policies. This disclosure raised substantial doubt about the company’s ability to continue as a going concern [1].

Following the announcement, iRobot's stock price fell significantly, dropping $3.255 per share or 51.58% over two trading sessions to close at $3.055 per share on March 13, 2025 [1].

Investors who believe they have suffered losses exceeding $50,000 are encouraged to contact Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310) to discuss their legal rights. The firm is also seeking information regarding iRobot’s conduct from whistleblowers, former employees, shareholders, and others.

For more information about the iRobot Corporation class action, visit www.faruqilaw.com/IRBT or contact Josh Wilson directly.

References:
[1] https://www.morningstar.com/news/globe-newswire/9518638/shareholder-notice-faruqi-faruqi-llp-investigates-claims-on-behalf-of-investors-of-irobot-corporation