Symbotic (SYM) Restates Financials, Faces Scrutiny Amid Accounting Concerns - Hagens Berman
Symbotic (SYM) Prnewswire·2025-01-06 20:55SAN FRANCISCO, Jan. 6, 2025 /PRNewswire/ -- Symbotic Inc. (NASDAQ: SYM), a Wilmington, Mass.-based automation technology company, has filed restated financial statements for three fiscal 2024 quarters, revealing significant errors in its previously reported revenue and profitability figures. The restatements, filed on December 4, follow the revelation of accounting errors last month and come as the company faces a securities fraud class action lawsuit.Hagens Berman has opened an investigation and urges inve ...