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IRBT Class Action Alert: Robbins LLP Reminds Stockholders of the Lead Plaintiff Deadline in the iRobot Corporation Class Action Lawsuit
Prnewswire· 2025-07-12 00:05
Core Viewpoint - A class action lawsuit has been filed against iRobot Corporation, alleging that the company misled investors regarding the impact of the termination of its acquisition by Amazon and the effectiveness of its restructuring plan [1][2][3]. Group 1: Allegations and Company Actions - iRobot and Amazon mutually agreed to terminate the acquisition in January 2024, yet iRobot claimed confidence in its ability to operate successfully as a standalone company [2][3]. - Following the acquisition termination, iRobot announced a restructuring plan, referred to as "iRobot Elevate," aimed at stabilizing the company and focusing on profitability and market share growth [2][3]. - On March 12, 2025, iRobot reported disappointing financial results for Q4 and the full year of 2024, leading to a significant drop in stock price by $3.255 per share, or 51.58%, closing at $3.055 per share [2][3]. Group 2: Financial Stability Concerns - The lawsuit alleges that iRobot overstated the effectiveness of its restructuring plan and that it was unlikely to operate profitably as a standalone entity, raising doubts about its ability to continue as a going concern [3].
X @The Wall Street Journal
Columbia University has discussed paying roughly $200 million as part of a deal with the Trump administration to settle allegations of civil-rights violations https://t.co/1QhNtwNasf ...
X @The Economist
The Economist· 2025-07-11 08:00
Last month over 100,000 people marched in Budapest’s Pride parade, championing LGBT rights and defying a government ban. For the country’s prime minister, it was the latest in a series of nightmares https://t.co/ZvoIEOV2i5 ...
X @Bloomberg
Bloomberg· 2025-07-11 02:01
Geopolitical Relations - The report indicates that the Australian Prime Minister Anthony Albanese plans to address security and human rights issues during his meeting with Chinese President Xi Jinping [1] International Diplomacy - The report highlights a planned visit of the Australian Prime Minister to China [1]
KLC Stockholders with Financial Losses Should Contact Robbins LLP for Information About its Investigation into the Officers and Directors of Kindercare Learning Companies, Inc.
Prnewswire· 2025-07-11 00:45
Core Viewpoint - Robbins LLP is investigating Kindercare Learning Companies, Inc. for potential violations of securities laws and breaches of fiduciary duties by certain officers and directors [1]. Group 1: Company Overview - Kindercare Learning Companies, Inc. provides early childhood education and care services in the United States [1]. Group 2: Legal Investigation - The investigation by Robbins LLP aims to determine if there were any violations of securities laws by Kindercare's officers and directors [1]. - Shareholders who have lost money in their investment in Kindercare are encouraged to contact Robbins LLP for more information about their rights [2]. Group 3: Robbins LLP Background - Robbins LLP has been dedicated to helping shareholders recover losses and improve corporate governance since 2002, having obtained over $1 billion for shareholders [3].
SJM Stockholders Who Suffered Financial Losses Should Contact Robbins LLP About its Investigation into the Officers and Directors of J.M. Smucker Company
Prnewswire· 2025-07-11 00:44
Core Viewpoint - Robbins LLP is investigating The J.M. Smucker Company for potential violations of securities laws and breaches of fiduciary duties by its officers and directors [1]. Group 1: Company Overview - The J.M. Smucker Company manufactures and markets food products across the United States [1]. Group 2: Legal Investigation - The investigation by Robbins LLP aims to determine if there have been any violations of securities laws by the company's executives [1]. - Shareholders who have incurred losses in their investments are encouraged to contact Robbins LLP for information regarding their rights [1]. Group 3: Robbins LLP Background - Robbins LLP has been active in shareholder rights litigation since 2002, focusing on helping shareholders recover losses and improve corporate governance [2]. - The firm has successfully obtained over $1 billion for shareholders since its inception [2].
BRBR Investors Who Have Suffered Financial Losses Should Contact Robbins LLP About Their Investigation into the Officers and Directors of BellRing Brands, Inc.
Prnewswire· 2025-07-10 23:50
Group 1 - Robbins LLP is investigating BellRing Brands, Inc. for potential violations of securities laws and breaches of fiduciary duties by certain officers and directors [1] - BellRing Brands manufactures and sells nutrition products both in the U.S. and internationally [1] - Shareholders who have lost money in their investment in BellRing Brands are encouraged to contact Robbins LLP for more information about their rights [1] Group 2 - Robbins LLP operates on a contingency fee basis, meaning shareholders pay no fees or expenses [2] - The firm has been dedicated to helping shareholders recover losses and improve corporate governance since 2002, having obtained over $1 billion for shareholders [2] Group 3 - Shareholders can sign up for alerts regarding class action settlements or corporate executive wrongdoing related to BellRing Brands [3]
NXG NextGen Infrastructure Income Fund (NYSE: NXG) Announces Terms of Rights Offering and Change to Record Date of August Distribution
Prnewswire· 2025-07-10 20:30
Core Viewpoint - NXG NextGen Infrastructure Income Fund's Board has approved the issuance of transferable rights to existing common shareholders, allowing them to subscribe for additional common shares at a discount to market price, aimed at increasing the Fund's investment assets and taking advantage of future investment opportunities [1][2][12]. Group 1: Offer Details - The record date for the rights issuance is set for July 21, 2025, with one right distributed for each common share held [2]. - Shareholders can purchase one new common share for every three rights held, with a provision for those holding fewer than three shares [2]. - The subscription period will start on the record date and is expected to end on August 13, 2025, unless extended [3]. Group 2: Subscription Price - The subscription price will be determined on the expiration date, set at 95% of the average sales price of the common shares on that day and the preceding four trading days, with a minimum price of 90% of the Fund's net asset value if the formula price is lower [4]. Group 3: Over-Subscription Privilege - Record date common shareholders who fully exercise their primary subscription rights will have the opportunity to subscribe for additional common shares not purchased in the primary subscription, subject to limitations [5]. Group 4: Distribution Information - The Fund has declared a monthly distribution of $0.54 per common share, payable on August 29, 2025, with a record date change to August 4, 2025 [7][8]. - The distribution is anticipated to be treated as a return of capital, with an estimate of 100% based on current earnings and profits [8]. Group 5: Fund Overview - NXG NextGen Infrastructure Income Fund is a closed-end management investment company focused on achieving high total returns with an emphasis on current income, primarily investing in infrastructure-related equity and debt securities [12]. - The Fund aims to invest at least 80% of its net assets in various infrastructure sectors, including energy, industrial, sustainable, and technology infrastructure [12].
BREAKING: Federal judge blocks Trump's birthright citizenship order
MSNBC· 2025-07-10 16:18
Legal & Policy Developments - A federal judge in New Hampshire issued a nationwide block against President Trump's order to end birthright citizenship [1] - The judge granted class action status to the plaintiff but excluded parents of children whose citizenship is threatened from the protected class [1][8] - The ACLU filed a class action lawsuit following a Supreme Court decision limiting nationwide injunctions [6] - The ruling is expected to protect over 150,000 children born in the US this year, ensuring their constitutional birthright citizenship [7] Immigration Raids & Conditions - Several groups, including the city of Los Angeles, are suing the Trump administration over immigration raids [2] - Individuals are reportedly being racially profiled and swept up in immigration raids, with constitutional rights being violated [16][17] - Detainees are allegedly held in deplorable conditions, with limited access to water and counsel [18][19] - Lawyers have faced force, including tear gas, while trying to protect people's rights [19] Potential Consequences & Concerns - There are concerns about potential chaos and a humanitarian crisis if 28 states start revoking birthright citizenship [11] - The question of what happens to stateless individuals, particularly those who cannot be repatriated, is raised [12] - Concerns are expressed about the dehumanization of people and the potential for the administration to deprive people of their citizenship [14] - Comparisons are being made between ICE force and vigilantes or Gestapo due to perceived impunity [23]
NFL Commissioner Roger Goodell on media rights deal
CNBC Television· 2025-07-10 16:01
Are you going to take the option to opt out of your current media rights deals in 2029. And will you use that opportunity to make more bigger deals with streamers. The the reality is we really went a long ways to put that into our contracts uh in the last agreement and I think having the ability to do that, having the option to do that, I think will be valuable for us.But we haven't made any decision on that. We have we have great partners. Uh we have some change in some of our partners including with CBS.U ...