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].
Shareholders of iRobot Corporation Should Contact The Gross Law Firm Before September 5, 2025 to Discuss Your Rights – IRBT