NEW YORK, July 29, 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- ...

NEW YORK, July 28, 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 ...

Core Viewpoint - A class action lawsuit has been filed against iRobot Corporation and certain officers for alleged violations of federal securities laws during the Class Period from January 29, 2024, to March 11, 2025, seeking damages for affected investors [1][2]. Company Overview - iRobot designs, builds, and sells robots and home innovation products globally, primarily known for its Roomba robot vacuum cleaner [4]. - The company has faced declining business performance over the past decade, with market share dropping from 64% in 2016 to 46% in 2020 due to competition from lower-priced alternatives [5]. Recent Developments - In August 2022, iRobot entered a merger agreement with Amazon for $61 per share, valued at approximately $1.7 billion, but the deal was terminated in January 2024 due to regulatory concerns [6]. - Following the termination, iRobot announced significant layoffs, cutting approximately 350 employees, or 31% of its workforce, and a restructuring plan aimed at stabilizing the company [7]. 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 [9]. - The company expressed substantial doubt about its ability to continue as a going concern for at least 12 months following the issuance of its 2024 financial statements [9]. Market Reaction - Following the negative financial results and outlook, iRobot's stock price fell by $3.255 per share, or 51.58%, over two trading sessions [10]. - Despite a short squeeze in May 2025 due to delayed U.S. tariffs on EU imports, analysts noted ongoing concerns regarding iRobot's financial health, including cash burn and deteriorating fundamentals [11].

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 be appointed as 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].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased iRobot Corporation securities between January 29, 2024, and March 11, 2025, about the September 5, 2025, deadline to become a lead plaintiff in a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought iRobot securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court by September 5, 2025, to serve as lead plaintiff [2]. - 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]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements in this area [3]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [3]. - Rosen Law Firm has been recognized as a leader in securities class action settlements, being ranked No. 1 in 2017 and consistently in the top 4 since 2013 [3].

NEW YORK, July 25, 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 ...

Core Viewpoint - Class action lawsuits have been filed against several publicly-traded companies, alleging misleading statements and failure to disclose critical information that may have impacted shareholders' investments [1]. Group 1: Hims & Hers Health, Inc. (NYSE: HIMS) - The class period for Hims & Hers Health, Inc. is from April 29, 2025, to June 23, 2025, with a lead plaintiff deadline of August 25, 2025 [2]. - Allegations include deceptive promotion and selling of illegitimate versions of Wegovy, risking patient safety, and potential termination of collaboration with Novo Nordisk [2]. Group 2: iRobot Corporation (NASDAQ: IRBT) - The class period for iRobot Corporation 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, raising doubts about its ability to operate profitably as a standalone company [3]. Group 3: Centene Corporation (NYSE: CNC) - The class period for Centene Corporation is from December 12, 2024, to June 30, 2025, with a lead plaintiff deadline of September 8, 2025 [4]. - Allegations include lower-than-expected enrollment and increased market morbidity affecting over two-thirds of Centene's marketplace share, leading to misleading statements about the company's prospects [4]. Group 4: Biohaven Ltd. (NYSE: BHVN) - The class period for Biohaven Ltd. is from March 24, 2023, to May 14, 2025, with a lead plaintiff deadline of September 12, 2025 [5]. - Allegations involve overstated regulatory prospects for treatments and potential negative impacts on Biohaven's business and financial condition once the truth is revealed [5].

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of iRobot Corporation regarding a class action lawsuit due to alleged misleading statements and omissions related to the company's restructuring plan and its ability to operate independently after the termination of the Amazon acquisition [1][3]. Summary by Relevant Sections Class Period and Allegations - The class period for the lawsuit is from January 29, 2024, to March 11, 2025 [3]. - Allegations include that iRobot overstated the effectiveness of its restructuring plan, leading to doubts about its ability to operate profitably as a standalone company and its overall viability as a going concern [3]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by September 5, 2025, to potentially become lead plaintiffs and to receive updates on the case [4]. - Registration involves no cost or obligation, and participants will be enrolled in a portfolio monitoring system for status updates [4]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements that inflated stock prices [5].

NEW YORK, July 22, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of iRobot Corporation (NASDAQ: IRBT) between January 29, 2024 and March 11, 2025, both dates inclusive (the “Class Period”), of the important September 5, 2025 lead plaintiff deadline. SO WHAT: If you purchased iRobot securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. ...

NEW YORK, July 22, 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 ...