iRobot shareholders lose $50k+ in lawsuit; deadline to seek lead plaintiff is Sept 5, 2025.

Faruqi & Faruqi, LLP is investigating potential claims against iRobot Corporation due to alleged securities violations. Investors who suffered losses exceeding $50,000 between January 29, 2024 and March 11, 2025 are encouraged to contact James (Josh) Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310) to discuss their legal rights. The deadline to seek the role of lead plaintiff is September 5, 2025.

Faruqi & Faruqi, LLP, a leading national securities law firm, has announced an investigation into potential claims against iRobot Corporation ("iRobot" or the "Company") (NASDAQ: IRBT) on behalf of investors who suffered losses exceeding $50,000 between January 29, 2024, and March 11, 2025. The firm encourages these investors to contact James (Josh) Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310) to discuss their legal rights.

The investigation stems from allegations that iRobot and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose material information. Specifically, the complaint alleges that iRobot overstated the extent to which its restructuring plan would help the company maintain stability after the termination of the Amazon Acquisition. This overstatement led to the belief that iRobot would be able to profitably operate as a standalone company, which was not the case. Consequently, there was substantial doubt about the company's ability to continue as a going concern.

On March 12, 2025, iRobot issued a press release reporting its fourth quarter and full-year 2024 financial results. The company reported a loss of $2.06 per share on revenue of $172 million, representing a 44% year-over-year decline. iRobot also cautioned investors that there could be no assurance that its new product launches would be successful due to various factors, including consumer demand, competition, macroeconomic conditions, and tariff policies. This uncertainty led to substantial doubt about the company's ability to continue as a going concern for a period of at least 12 months from the date of the issuance of its consolidated 2024 financial statements.

Following this announcement, iRobot's stock price fell $3.255 per share, or 51.58%, over the following two trading sessions, closing at $3.055 per share on March 13, 2025.

Investors who wish to seek the role of lead plaintiff in the federal securities class action must do so by September 5, 2025. The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members and directs and oversees the litigation on behalf of the putative class.

Faruqi & Faruqi, LLP encourages anyone with information regarding iRobot's conduct to contact the firm, including whistleblowers, former employees, shareholders, and others.

To learn more about the iRobot Corporation class action, go to [www.faruqilaw.com/IRBT](http://www.faruqilaw.com/IRBT) or contact Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

References:
[1] https://www.globenewswire.com/news-release/2025/07/16/3116673/683/en/DEADLINE-ALERT-Faruqi-Faruqi-LLP-Investigates-Claims-on-Behalf-of-Investors-of-iRobot-Corporation.html
[2] https://www.tradingview.com/news/reuters.com,2025-07-14:newsml_NFC8NSSsb:0-shareholder-reminder-faruqi-faruqi-llp-investigates-claims-on-behalf-of-investors-of-irobot-corporation/
[3] https://www.morningstar.com/news/pr-newswire/20250715ny29789/faruqi-faruqi-reminds-irobot-corporation-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-september-5-2025-irbt