SYMBOTIC SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Symbotic Inc. - SYM

Core Viewpoint - Investors have until February 3, 2025, to file lead plaintiff applications in a securities class action lawsuit against Symbotic Inc. for failing to disclose material information during the class period from February 8, 2024, to November 26, 2024 [1][3]. Group 1: Lawsuit Details - The lawsuit alleges that Symbotic and certain executives violated federal securities laws by not disclosing material information during the class period [3]. - The case is identified as Decker v. Symbotic Inc., et al., No. 24-cv-12976 [5]. Group 2: Financial Impact - On November 27, 2024, Symbotic announced it would restate its fiscal year 2024 financial results due to errors in revenue recognition, which affected various financial metrics including system revenue and gross margin [4]. - Following this announcement, Symbotic's share price dropped by $13.41, or 36%, closing at $24 per share on the same day [4]. Group 3: ClaimsFiler Information - ClaimsFiler is a service that assists retail investors in recovering funds from securities class action settlements, providing resources for filing claims and legal evaluations [6]. - Investors can register for free on ClaimsFiler.com to access information about various securities class action cases [6].