iRobot(US:IRBT) Prnewswireยท2025-08-19 12:45Core Viewpoint - A class action securities lawsuit has been filed against iRobot Corporation, alleging securities fraud that affected investors between January 29, 2024, and March 11, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that iRobot overstated the effectiveness of its restructuring plan following the termination of the Amazon acquisition, leading to doubts about its ability to operate profitably as a standalone company [2]. - It is alleged that the company's public statements were materially false and misleading, raising concerns about its ability to continue as a going concern [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until September 5, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this role [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing significant settlements for shareholders and is recognized as one of the top securities litigation firms in the United States [4].