iRobot Corporation Investors May Lead Securities Fraud Lawsuit

Thursday, Jul 31, 2025 12:02 pm ET1min read

iRobot Corporation (IRBT) investors who lost money have an opportunity to lead a securities fraud lawsuit. The lawsuit alleges that the company overstated the benefits of its restructuring plan and failed to disclose doubts about its ability to continue as a going concern. Investors who suffered losses can click here to participate in the lawsuit before September 5, 2025.

Investors who purchased iRobot Corporation (IRBT) securities between January 29, 2024, and March 11, 2025, have an opportunity to participate in a class action lawsuit alleging securities fraud. The lawsuit, filed by the Schall Law Firm and Pomerantz LLP, claims that iRobot made false and misleading statements about its restructuring plan and the company's financial prospects [1][2].

According to the complaint, iRobot overstated the benefits of its restructuring plan, which was designed to stabilize the company after the termination of its merger agreement with Amazon. The lawsuit alleges that iRobot's public statements were false and materially misleading, leading investors to suffer losses when the market learned the truth about the company's financial health [1][2].

Investors who purchased iRobot securities during the class period are encouraged to contact the Schall Law Firm or Pomerantz LLP to discuss their rights. The deadline to join the lawsuit is September 5, 2025 [1][2].

References:
[1] https://www.prnewswire.com/news-releases/irbt-investors-have-opportunity-to-lead-irobot-corporation-securities-fraud-lawsuit-with-the-schall-law-firm-302514653.html
[2] https://www.prnewswire.com/news-releases/pomerantz-law-firm-announces-the-filing-of-a-class-action-against-irobot-corporation-and-certain-officers--irbt-302516921.html

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