iRobot(US:IRBT) Prnewswireยท2025-09-05 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 its acquisition by Amazon [2]. - 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 [2]. - The defendants' public statements are claimed to have been materially false and misleading throughout the relevant period [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 [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and there are no out-of-pocket costs for class members [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4].