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iRobot Corporation Class Action: Levi & Korsinsky Reminds iRobot Corporation Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of September 5, 2025 - IRBT
Prnewswire· 2025-09-05 12:45
Core Viewpoint - A class action securities lawsuit has been filed against iRobot Corporation, alleging securities fraud that affected investors between January 29, 2024, and March 11, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that iRobot overstated the effectiveness of its restructuring plan following the termination of its acquisition by Amazon [2]. - It is alleged that iRobot is unlikely to operate profitably as a standalone company, raising doubts about its ability to continue as a going concern [2]. - The defendants' public statements are claimed to have been materially false and misleading throughout the relevant period [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until September 5, 2025, to request appointment as lead plaintiff [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and there are no out-of-pocket costs for class members [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4].
IROBOT FINAL DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors in IRobot (IRBT) of the Class Action Lawsuit and Urges Investors To Contact the Firm Before September 5th
GlobeNewswire News Room· 2025-09-04 20:40
Core Viewpoint - A class action lawsuit has been filed against iRobot Corporation for allegedly making materially false and misleading statements regarding its business operations and prospects during the class period from January 29, 2024, to March 11, 2025 [1][3]. Financial Performance - iRobot reported a loss of $2.06 per share on revenue of $172 million for Q4 2024, marking a 44% year-over-year decline [4]. - The company expressed substantial doubt about its ability to continue as a going concern for at least 12 months from the issuance of its 2024 financial statements [4]. Market Reaction - Following the announcement of poor financial results, iRobot's stock price fell by $3.255 per share, or 51.58%, closing at $3.055 per share on March 13, 2025 [5]. - Analysts have downgraded iRobot's stock rating due to a bleak outlook, citing deteriorating business prospects and significant layoffs [5]. Legal Context - Investors who acquired iRobot securities during the specified class period are encouraged to contact the law firm Bragar Eagel & Squire to discuss their legal rights [1][6].
iRobot Corporation Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - IRBT
Prnewswire· 2025-09-04 13:03
Core Viewpoint - A class action lawsuit has been filed against iRobot Corporation for misleading investors regarding its restructuring plan and profitability after the termination of its merger agreement with Amazon [1][2]. Group 1: Lawsuit Details - The class period for the lawsuit is from January 29, 2024, to March 11, 2025, with a deadline for participation set for September 5, 2025 [2]. - The complaint alleges that iRobot made false and misleading statements about the impact of its restructuring plan following the failed merger with Amazon, leading to a failure to maintain profitability as a standalone entity [2]. Group 2: Shareholder Participation - Shareholders who purchased shares of iRobot during the class period are encouraged to contact the law firm for potential lead plaintiff appointments, although this is not required to recover losses [2][3]. - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive updates on the case's status at no cost [3]. Group 3: Law Firm Background - DJS Law Group specializes in securities class actions, corporate governance litigation, and M&A appraisals, focusing on enhancing investor returns through advocacy [4].
iRobot Corporation Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before September 5, 2025 to Discuss Your Rights - IRBT
Prnewswire· 2025-09-04 12:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of iRobot Corporation regarding a class action lawsuit alleging that the company made materially false and misleading statements during a specified class period [1][2]. Group 1: Allegations - The complaint claims that iRobot overstated the effectiveness of its restructuring plan following the termination of the Amazon acquisition [1]. - It is alleged that iRobot is unlikely to operate profitably as a standalone company, raising doubts about its ability to continue as a going concern [1]. - The defendants' public statements are said to have been materially false and misleading throughout the relevant time frame [1]. Group 2: Class Action Details - The class period for the lawsuit is defined as January 29, 2024, to March 11, 2025 [1]. - Shareholders are encouraged to register for the class action by the deadline of September 5, 2025, to potentially become lead plaintiffs [2]. - Participants will be enrolled in a portfolio monitoring software to receive updates on the case's progress [2]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [3].
IROBOT DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors in IRobot (IRBT) of the Class Action Lawsuit and Urges Investors To Contact the Firm Before September 5th
GlobeNewswire News Room· 2025-09-02 21:00
Core Viewpoint - A class action lawsuit has been filed against iRobot Corporation for allegedly making materially false and misleading statements regarding its business operations and prospects during the Class Period from January 29, 2024, to March 11, 2025 [1][3]. Financial Performance - iRobot reported a loss of $2.06 per share on revenue of $172 million for Q4 2024, marking a 44% year-over-year decline [4]. - The company expressed substantial doubt about its ability to continue as a going concern for at least 12 months from the issuance of its 2024 financial statements [4]. Market Reaction - Following the announcement of poor financial results, iRobot's stock price fell by $3.255 per share, or 51.58%, closing at $3.055 per share on March 13, 2025 [5]. - Analysts have downgraded iRobot's stock rating due to a bleak outlook, citing deteriorating business prospects and significant layoffs [5]. Legal Context - Investors who acquired iRobot securities during the Class Period are encouraged to contact Bragar Eagel & Squire, P.C. to discuss their legal rights and options [1][6].
IRBT DEADLINE: ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages iRobot Corporation Investors with Losses in Excess of $100K to Secure Counsel Before Important September 5 Deadline in Securities Class Action – IRBT
GlobeNewswire News Room· 2025-09-02 18:02
Core Viewpoint - Rosen Law Firm is reminding investors who purchased iRobot Corporation securities during the specified class period of the upcoming lead plaintiff deadline on September 5, 2025, and the potential for compensation without out-of-pocket costs [1][2]. Group 1: Class Action Details - A class action lawsuit has been filed against iRobot Corporation, alleging that the company made false and misleading statements regarding its Restructuring Plan and its ability to operate profitably as a standalone entity after the termination of the Amazon Acquisition [4]. - The lawsuit claims that iRobot overstated the effectiveness of its Restructuring Plan, leading to substantial doubt about its ability to continue as a going concern, which resulted in investor damages when the truth was revealed [4]. Group 2: Legal Representation - Investors are encouraged to select qualified legal counsel with a proven track record in securities class actions, as many firms may not have the necessary experience or resources [3]. - Rosen Law Firm has a history of successful settlements in securities class actions, including recovering over $438 million for investors in 2019 alone, and has been recognized as a leader in this field [3].
INVESTOR ALERT: Holzer & Holzer, LLC Reminds Investors of September 5, 2025 Lead Plaintiff Deadline in the iRobot Corporation (IRBT) Class Action – Investors With Significant Losses Encouraged to Contact the Firm
GlobeNewswire News Room· 2025-09-02 15:27
Core Points - A shareholder class action lawsuit has been filed against iRobot Corporation alleging materially false and misleading statements regarding its business and operations [1] - The lawsuit claims that iRobot overstated the effectiveness of its Restructuring Plan following the termination of the Amazon Acquisition, raising doubts about its ability to operate profitably as a standalone company [1] - There are significant concerns regarding iRobot's ability to continue as a going concern due to the aforementioned issues [1] Legal Context - Shareholders who purchased iRobot shares between January 29, 2024, and March 11, 2025, and suffered losses are encouraged to discuss their legal rights [2] - The deadline for shareholders to request to be appointed as lead plaintiff in the case is September 5, 2025 [3] - Holzer & Holzer, LLC is representing shareholders in this litigation and has a history of recovering substantial amounts for investors affected by corporate misconduct [3]
IRBT DEADLINE NOTICE: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages iRobot Corporation Investors to Secure Counsel Before Important September 5 Deadline in Securities Class Action - IRBT
GlobeNewswire News Room· 2025-08-30 22:40
Core Viewpoint - Rosen Law Firm is reminding investors who purchased iRobot Corporation securities during the specified Class Period of the upcoming lead plaintiff deadline on September 5, 2025, for a class action lawsuit [1][2]. Group 1: Class Action Details - Investors who bought iRobot securities between January 29, 2024, and March 11, 2025, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by the September 5, 2025 deadline [2]. Group 2: Legal Representation - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting their own success in this area [3]. - The firm has achieved significant settlements, including over $438 million for investors in 2019, and has been consistently ranked among the top firms for securities class action settlements [3]. Group 3: Case Allegations - The lawsuit alleges that iRobot made false and misleading statements regarding its Restructuring Plan and its ability to operate profitably as a standalone company after the termination of the Amazon Acquisition [4]. - It is claimed that there was substantial doubt about iRobot's ability to continue as a going concern, and that the defendants' public statements were materially false and misleading throughout the Class Period [4].
美股异动 | 部分机器人概念股盘中冲高 Serve Robotics(SERV.US)大涨超15%
Zhi Tong Cai Jing· 2025-08-27 14:50
Core Viewpoint - The recent launch of NVIDIA's Jetson Thor is seen as a significant advancement in robotics, enhancing AI computing power and enabling higher capabilities in humanoid robots [1] Group 1: Stock Performance - Several US robotics stocks experienced notable gains, with Serve Robotics rising over 15%, Richtech Robotics increasing nearly 14%, and iRobot up more than 3% [1] Group 2: Technological Advancements - NVIDIA's Jetson Thor features a Blackwell GPU and 128 GB of memory, achieving 2070 FP4 TFLOPS of AI computing power, which is 7.5 times that of the previous Jetson Orin model [1] - This technological leap allows robots to process large amounts of sensory data and large language models (LLM) in real-time, enhancing their ability to see, think, and act [1]
DEADLINE ALERT for HIMS, IRBT, and CNC: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders
GlobeNewswire News Room· 2025-08-25 14:23
Core Viewpoint - Class action lawsuits have been filed against Hims & Hers Health, iRobot Corporation, and Centene Corporation, alleging that these companies made materially false and misleading statements regarding their business operations and prospects, which led to investor losses [2][3][4]. Group 1: Hims & Hers Health, Inc. (NYSE: HIMS) - The class period for Hims is from April 29, 2025, to June 22, 2025, with a lead plaintiff deadline of August 25, 2025 [2]. - Allegations include deceptive promotion of illegitimate versions of Wegovy, risking patient safety, and a substantial risk of termination of collaboration with Novo Nordisk [2]. - Defendants' positive statements about the company's business were materially misleading and lacked a reasonable basis [2]. Group 2: iRobot Corporation (NASDAQ: IRBT) - The class period for iRobot is from January 29, 2024, to March 11, 2025, with a lead plaintiff deadline of September 5, 2025 [3]. - Allegations state that iRobot overstated the effectiveness of its Restructuring Plan post-Amazon Acquisition termination, raising doubts about its ability to operate profitably as a standalone company [3]. - Defendants' positive statements regarding the company's prospects were materially misleading and lacked a reasonable basis [3]. Group 3: Centene Corporation (NYSE: CNC) - The class period for Centene is from December 12, 2024, to June 30, 2025, with a lead plaintiff deadline of September 8, 2025 [4]. - Allegations include failure to disclose lower-than-anticipated enrollment and increased market morbidity based on preliminary analysis of over two-thirds of Centene's marketplace share [4]. - Defendants' positive statements about the company's business operations were materially misleading and lacked a reasonable basis [4].