IRBT Investors Have the Opportunity to Lead the iRobot Securities Fraud Lawsuit with Faruqi & Faruqi, LLP

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against iRobot Corporation due to allegations of misleading statements and failure to disclose critical information regarding the company's financial stability and operations following the termination of the Amazon Acquisition [2][4]. Group 1: Legal Investigation and Claims - The law firm is encouraging investors who suffered losses exceeding $50,000 in iRobot between January 29, 2024, and March 11, 2025, to discuss their legal options [1]. - A federal securities class action has been filed against iRobot, with a deadline of September 5, 2025, for investors to seek the role of lead plaintiff [2][6]. - The complaint alleges that iRobot overstated the effectiveness of its Restructuring Plan and failed to disclose doubts about its ability to operate profitably as a standalone company [4]. Group 2: Financial Performance - iRobot reported a loss of $2.06 per share on revenue of $172 million for the fourth quarter of 2024, marking a 44% year-over-year decline [5]. - Following the financial results announcement, iRobot's stock price dropped by $3.255 per share, or 51.58%, closing at $3.055 per share on March 13, 2025 [5]. Group 3: Company Background - Faruqi & Faruqi, LLP is a national securities law firm with a history of recovering hundreds of millions of dollars for investors since its founding in 1995 [3].