iRobot Corporation Sued for Securities Law Violations – Contact the DJS Law Group to Discuss Your Rights – IRBT
LOS ANGELES–(BUSINESS WIRE)–The DJS Law Group reminds investors of a class action lawsuit against iRobot Corporation (“iRobot” or “the Company”) (NASDAQ: IRBT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Shareholders who purchased shares of IRBT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.
CLASS PERIOD: January 29, 2024 to March 11, 2025
DEADLINE: September 5, 2025
CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. iRobot misled investors about the impact of its restructuring plan after its merger agreement with Amazon was terminated. The Company failed to maintain profitability as a standalone entity after the Amazon merger fell apart. Based on these facts, iRobot’s public statements were false and materially misleading throughout the class period.
If you are a shareholder who suffered a loss, contact us to participate.
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of IRBT during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. There is no cost or obligation to you to participate in this case.
WHY DJS LAW GROUP? DJS Law Group’s primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.
Join the case to recover your losses.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20250903153866/en/
David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: [email protected]
KEYWORDS: California United States North America
INDUSTRY KEYWORDS: Class Action Lawsuit Professional Services Legal
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