Symbotic (US:SYM) Prnewswireยท2024-12-16 10:45Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Symbotic Inc. regarding a class action lawsuit due to allegations of improper revenue recognition in the company's financial statements during a specified class period [1][2]. Group 1: Class Action Details - The class period for the lawsuit is from February 8, 2024, to November 26, 2024 [2]. - Allegations include that Symbotic improperly accelerated revenue recognition, leading to materially false and misleading statements about the company's business and operations [2]. - Shareholders are encouraged to register for the class action, with a deadline to seek lead plaintiff status set for February 3, 2025 [3]. Group 2: Firm's Commitment - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [4]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [4].