Press release
iRobot Corporation (NASDAQ: IRBT) Investor Alert: Deadline in Lawsuit on September 5, 2025
A Deadline is coming up on September 5, 2025 in the lawsuit for certain investors in iRobot Corporation (NASDAQ: IRBT).
Investors who purchased shares of iRobot Corporation (NASDAQ: IRBT) have certain options and there are strict and short deadlines running. Deadline: September 5, 2025. iRobot Corporation (NASDAQ: IRBT) stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
According to the complaint filed in the U.S. District Court for the Southern District of New York the plaintiff alleges on behalf of purchasers of iRobot Corporation (NASDAQ: IRBT) common shares between January 29, 2024 and March 11, 2025, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between January 29, 2024 and March 11, 2025, the Defendants made false and/or misleading statements and/or failed to disclose that iRobot overstated the extent to which the Restructuring Plan would help the Company maintain stability after the termination of the Amazon Acquisition, that as a result, it was unlikely that iRobot would be able to profitably operate as a standalone company, that accordingly, there was substantial doubt about the Company's ability to continue as a going concern, and that as a result, Defendants' public statements were materially false and misleading at all relevant times.
Those who purchased shares of iRobot Corporation (NASDAQ: IRBT) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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