{"id":801397,"date":"2025-01-16T05:49:46","date_gmt":"2025-01-16T10:49:46","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/symbotic-inc-sued-for-securities-law-violations-contact-the-gross-law-firm-before-february-3-2025-to-discuss-your-rights-sym\/"},"modified":"2025-01-16T05:49:46","modified_gmt":"2025-01-16T10:49:46","slug":"symbotic-inc-sued-for-securities-law-violations-contact-the-gross-law-firm-before-february-3-2025-to-discuss-your-rights-sym","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/symbotic-inc-sued-for-securities-law-violations-contact-the-gross-law-firm-before-february-3-2025-to-discuss-your-rights-sym\/","title":{"rendered":"Symbotic Inc. Sued for Securities Law Violations &#8211; Contact The Gross Law Firm Before February 3, 2025 to Discuss Your Rights &#8211; SYM"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">NEW YORK<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Jan. 16, 2025<\/span><\/span> \/PRNewswire\/ &#8212;\u00a0The Gross Law Firm issues the following notice to shareholders of\u00a0<b>Symbotic Inc. (NASDAQ: SYM).<\/b><\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/2280333\/The_Gross_Law_Firm_Logo.html\" target=\"_blank\" rel=\"nofollow\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/2280333\/The_Gross_Law_Firm_Logo.jpg\" title=\"The Gross Law Firm (PRNewsfoto\/The Gross Law Firm)\" alt=\"The Gross Law Firm (PRNewsfoto\/The Gross Law Firm)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>Shareholders who purchased shares of SYM during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.<\/p>\n<p class=\"prntac\">CONTACT US HERE:<\/p>\n<p class=\"prntac\">\n        <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4341875-14&amp;h=2919677257&amp;u=https%3A%2F%2Fsecuritiesclasslaw.com%2Fsecurities%2Fsymbotic-loss-submission-form-2%2F%3Fid%3D123044%26from%3D4&amp;a=https%3A%2F%2Fsecuritiesclasslaw.com%2Fsecurities%2Fsymbotic-loss-submission-form-2%2F%3Fid%3D123044%26from%3D4\" target=\"_blank\" rel=\"nofollow\">https:\/\/securitiesclasslaw.com\/securities\/symbotic-loss-submission-form-2\/?id=123044&amp;from=4<\/a>\u00a0<\/p>\n<p>\n        <b>CLASS PERIOD: <\/b><br \/>\n        <span class=\"xn-chron\">February 8, 2024<\/span> to <span class=\"xn-chron\">November 26, 2024<\/span><\/p>\n<p>\n        <b>ALLEGATIONS: <\/b>The complaint <span>alleges<\/span> that during the class period, Defendants issued materially false and\/or misleading statements and\/or failed to disclose that: (1) Symbotic improperly accelerated revenue recognition in its 2024 financial statements; and (2) as a result, defendants&#8217; statements about the Company&#8217;s business, operations, and prospects were materially false and misleading and\/or lacked a reasonable basis at all relevant times.<\/p>\n<p>\n        <b>DEADLINE: <span class=\"xn-chron\">February 3, 2025<\/span><\/b> Shareholders should not delay in registering for this class action. Register your information here: <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4341875-14&amp;h=2919677257&amp;u=https%3A%2F%2Fsecuritiesclasslaw.com%2Fsecurities%2Fsymbotic-loss-submission-form-2%2F%3Fid%3D123044%26from%3D4&amp;a=https%3A%2F%2Fsecuritiesclasslaw.com%2Fsecurities%2Fsymbotic-loss-submission-form-2%2F%3Fid%3D123044%26from%3D4\" target=\"_blank\" rel=\"nofollow\">https:\/\/securitiesclasslaw.com\/securities\/symbotic-loss-submission-form-2\/?id=123044&amp;from=4<\/a>\u00a0<\/p>\n<p>\n        <b>NEXT STEPS FOR SHAREHOLDERS: <\/b>Once you register as a shareholder who purchased shares of SYM 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. The deadline to seek to be a lead plaintiff is <span class=\"xn-chron\">February 3, 2025<\/span>. There is no cost or obligation to you to participate in this case.<\/p>\n<p>\n        <b>WHY GROSS LAW FIRM? <\/b>The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, <span>fraud<\/span>, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and\/or misleading statements or the omission of material information by a company lead to artificial inflation of the company&#8217;s stock. Attorney advertising. Prior results do not guarantee similar outcomes.<\/p>\n<p>\n        <b>CONTACT:<\/b><br \/>\n        <br \/>The Gross Law Firm<br \/>15 West 38th Street, 12th floor<br \/><span class=\"xn-location\">New York, NY<\/span>, 10018<br \/>Email: <a href=\"mailto:dg@securitiesclasslaw.com\" target=\"_blank\" rel=\"nofollow\">dg@securitiesclasslaw.com<\/a>\u00a0<br \/>Phone: (646) 453-8903<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY97605&amp;sd=2025-01-16\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/symbotic-inc-sued-for-securities-law-violations---contact-the-gross-law-firm-before-february-3-2025-to-discuss-your-rights--sym-302352429.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/symbotic-inc-sued-for-securities-law-violations&#8212;contact-the-gross-law-firm-before-february-3-2025-to-discuss-your-rights&#8211;sym-302352429.html<\/a><\/p>\n<p>SOURCE  The Gross Law Firm<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY97605&amp;Transmission_Id=202501160545PR_NEWS_USPR_____NY97605&amp;DateId=20250116\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK , Jan. 16, 2025 \/PRNewswire\/ &#8212;\u00a0The Gross Law Firm issues the following notice to shareholders of\u00a0Symbotic Inc. (NASDAQ: SYM). Shareholders who purchased shares of SYM during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https:\/\/securitiesclasslaw.com\/securities\/symbotic-loss-submission-form-2\/?id=123044&amp;from=4\u00a0 CLASS PERIOD: February 8, 2024 to November 26, 2024 ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and\/or misleading statements and\/or failed to disclose that: (1) Symbotic improperly accelerated revenue recognition in its 2024 financial statements; and (2) as a result, defendants&#8217; statements about the Company&#8217;s business, operations, and prospects were materially false and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/symbotic-inc-sued-for-securities-law-violations-contact-the-gross-law-firm-before-february-3-2025-to-discuss-your-rights-sym\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Symbotic Inc. Sued for Securities Law Violations &#8211; Contact The Gross Law Firm Before February 3, 2025 to Discuss Your Rights &#8211; SYM&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-801397","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Symbotic Inc. Sued for Securities Law Violations - Contact The Gross Law Firm Before February 3, 2025 to Discuss Your Rights - SYM - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/symbotic-inc-sued-for-securities-law-violations-contact-the-gross-law-firm-before-february-3-2025-to-discuss-your-rights-sym\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Symbotic Inc. Sued for Securities Law Violations - Contact The Gross Law Firm Before February 3, 2025 to Discuss Your Rights - SYM - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK , Jan. 16, 2025 \/PRNewswire\/ &#8212;\u00a0The Gross Law Firm issues the following notice to shareholders of\u00a0Symbotic Inc. (NASDAQ: SYM). Shareholders who purchased shares of SYM during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https:\/\/securitiesclasslaw.com\/securities\/symbotic-loss-submission-form-2\/?id=123044&amp;from=4\u00a0 CLASS PERIOD: February 8, 2024 to November 26, 2024 ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and\/or misleading statements and\/or failed to disclose that: (1) Symbotic improperly accelerated revenue recognition in its 2024 financial statements; and (2) as a result, defendants&#8217; statements about the Company&#8217;s business, operations, and prospects were materially false and &hellip; Continue reading &quot;Symbotic Inc. 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Shareholders who purchased shares of SYM during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https:\/\/securitiesclasslaw.com\/securities\/symbotic-loss-submission-form-2\/?id=123044&amp;from=4\u00a0 CLASS PERIOD: February 8, 2024 to November 26, 2024 ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and\/or misleading statements and\/or failed to disclose that: (1) Symbotic improperly accelerated revenue recognition in its 2024 financial statements; and (2) as a result, defendants&#8217; statements about the Company&#8217;s business, operations, and prospects were materially false and &hellip; Continue reading \"Symbotic Inc. 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