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IRBT Class Action Alert: Robbins LLP Reminds Stockholders of the Lead Plaintiff Deadline in the iRobot Corporation Class Action Lawsuit
Prnewswire· 2025-07-12 00:05
SAN DIEGO, July 11, 2025 /PRNewswire/ -- Robbins LLP reminds stockholders that a class action was filed on behalf of investors who purchased or otherwise acquired iRobot Corporation (NASDAQ: IRBT) securities between January 29, 2024 and March 11, 2025. iRobot designs, builds, and sells robots and home innovation products in the U.S., Europe, the Middle East, Africa, Japan, and internationally. iRobot is primarily known for its robot vacuum cleaner ("RVC") products sold under the "Roomba" brand name.For more ...
iRobot: A Candid Look at Its Future in a Competitive Market
The Motley Fool· 2025-07-11 23:00
Our Purpose: To make the world smarter, happier, and richer. Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation. ...
Contact Levi & Korsinsky by September 5, 2025 Deadline to Join Class Action Against iRobot Corporation(IRBT)
GlobeNewswire News Room· 2025-07-11 20:24
NEW YORK, July 11, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in iRobot Corporation ("iRobot Corporation" or the "Company") (NASDAQ: IRBT) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of iRobot Corporation investors who were adversely affected by alleged securities fraud between January 29, 2024 and March 11, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/iro ...
SHAREHOLDER REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of iRobot Corporation
GlobeNewswire News Room· 2025-07-11 13:49
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses in iRobot To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in iRobot between January 29, 2024 and March 11, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, July 11, 2025 (GLOBE NEWSWIRE) -- Faruqi & ...
Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of iRobot Corporation(IRBT) Shareholders
Prnewswire· 2025-07-11 13:00
NEW YORK, July 11, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in iRobot Corporation ("iRobot Corporation" or the "Company") (NASDAQ: IRBT) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of iRobot Corporation investors who were adversely affected by alleged securities fraud between January 29, 2024 and March 11, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/irobot-co ...
ROSEN, LEADING INVESTOR COUNSEL, Encourages iRobot Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - IRBT
GlobeNewswire News Room· 2025-07-10 23:13
Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of iRobot Corporation securities purchasers during the specified Class Period, indicating potential legal issues for the company [1][5]. Group 1: Lawsuit Details - The class action lawsuit pertains to securities purchased between January 29, 2024, and March 11, 2025, and aims to address misleading statements made by iRobot regarding its financial stability and restructuring plans [1][5]. - The lawsuit claims that iRobot overstated the effectiveness of its Restructuring Plan following the termination of the Amazon Acquisition, leading to doubts about its ability to operate profitably as a standalone entity [5]. - Investors are encouraged to join the class action without incurring out-of-pocket fees, as compensation may be available through a contingency fee arrangement [2][3]. Group 2: Legal Representation - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting its own success in recovering substantial amounts for investors [4]. - The firm has been recognized for its leadership in securities class action settlements, achieving significant recoveries, including over $438 million in 2019 alone [4]. Group 3: Next Steps for Investors - Interested investors can join the class action by visiting the provided link or contacting the firm directly for more information [3][6]. - It is noted that no class has been certified yet, and investors may choose to remain absent or select their own counsel [7].
iRobot Corporation Investors: Please contact the Portnoy Law Firm to recover your losses. September 5, 2025 Deadline to file Lead Plaintiff Motion
GlobeNewswire News Room· 2025-07-09 21:50
Core Viewpoint - A class action lawsuit has been filed against iRobot Corporation, alleging that the company misrepresented the effectiveness of its restructuring plan following a failed merger with Amazon, leading to significant investor losses [3][4]. Group 1: Lawsuit Details - The class action represents investors who purchased iRobot securities between January 29, 2024, and March 11, 2025, with a deadline of September 5, 2025, to file a lead plaintiff motion [1]. - The lawsuit claims that iRobot overstated the stability provided by its restructuring plan, raising doubts about its long-term viability as an independent company [3]. Group 2: Financial Performance - iRobot reported a loss of $2.06 per share for Q4 and the full year 2024, with revenue of $172 million, marking a 44% decline from the previous year [4]. - The company's statement indicated "substantial doubt" about its ability to continue as a going concern for at least the next 12 months, which led to a stock price drop of over 51% following the announcement [4].
IRBT Investors Have Opportunity to Lead iRobot Corporation Securities Fraud Lawsuit
Prnewswire· 2025-07-09 21:30
Core Viewpoint - A class action lawsuit has been filed against iRobot Corporation for allegedly making false and misleading statements regarding its financial stability and restructuring plan during the Class Period from January 29, 2024, to March 11, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that iRobot overstated the effectiveness of its Restructuring Plan following the termination of the Amazon Acquisition, leading to doubts about its ability to operate profitably as a standalone company [5]. - It is alleged that the defendants' public statements were materially false and misleading, which resulted in investor damages when the true information became public [5]. Group 2: Participation Information - Investors who purchased iRobot securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, interested parties can visit the provided link or contact the law firm for more information [3][6]. Group 3: Law Firm Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4].
IRBT INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that iRobot Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
GlobeNewswire News Room· 2025-07-09 20:00
NEW YORK, July 09, 2025 (GLOBE NEWSWIRE) -- Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against iRobot Corporation (“iRobot” or “the Company”) (NASDAQ: IRBT) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired iRobot secur ...
IRBT Investor Notice: Robbins LLP Reminds Stockholders of the Class Action Lawsuit Against iRobot Corporation
GlobeNewswire News Room· 2025-07-09 19:20
Core Viewpoint - A class action has been filed against iRobot Corporation (NASDAQ: IRBT) on behalf of investors who acquired its securities between January 29, 2024, and March 11, 2025, due to allegations of misleading statements regarding the impact of the termination of Amazon's acquisition [1][2]. Group 1: Allegations and Company Actions - iRobot and Amazon mutually agreed to terminate the acquisition in January 2024, yet iRobot claimed confidence in its ability to operate successfully as a standalone company [2]. - Following the acquisition termination, iRobot announced a Restructuring Plan, referred to as "iRobot Elevate," aimed at stabilizing the company and focusing on profitability and growth in mid-tier and premium segments [2][3]. - On March 12, 2025, iRobot reported disappointing financial results for Q4 and full year 2024, leading to a significant stock price drop of $3.255 per share, or 51.58%, closing at $3.055 per share on March 13, 2025 [2]. Group 2: Financial Stability Concerns - The plaintiff alleges that iRobot overstated the effectiveness of the Restructuring Plan, suggesting that the company would struggle to operate profitably as a standalone entity [3]. - There are claims of substantial doubt regarding iRobot's ability to continue as a going concern due to the misleading statements made during the class period [3]. Group 3: Class Action Participation - Shareholders interested in participating in the class action against iRobot Corporation must contact the firm before September 5, 2025, to serve as lead plaintiff [4]. - Shareholders can remain absent class members if they choose not to participate in the case [4].