IRBT INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that iRobot Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Core Viewpoint - A class action lawsuit has been filed against iRobot Corporation for alleged violations of federal securities laws during the specified class period [1][2]. Group 1: Lawsuit Details - The lawsuit seeks to recover damages for investors who purchased iRobot securities between January 29, 2024, and March 11, 2025 [2]. - The complaint alleges that iRobot made materially false and misleading statements regarding its business operations and prospects, particularly concerning the impact of its Restructuring Plan and the termination of the Amazon Acquisition [3]. Group 2: Allegations Against iRobot - The complaint claims that iRobot overstated the effectiveness of its Restructuring Plan in maintaining stability post-Amazon Acquisition [3]. - 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 [3]. - The public statements made by iRobot's executives are claimed to be materially false and misleading throughout the class period [3]. Group 3: Next Steps for Investors - Investors who suffered losses in iRobot have until September 5, 2025, to request to be appointed as lead plaintiff in the case [4]. - A copy of the complaint can be reviewed on the law firm's website [4]. Group 4: Legal Representation - The law firm representing the investors operates on a contingency fee basis, meaning they will only collect fees if the case is successful [5]. - Bronstein, Gewirtz & Grossman, LLC has a history of recovering substantial amounts for investors in securities fraud cases [6].