Particle.news

Download on the App Store

Rosen Law Firm Alerts iRobot Investors to Sept. 5 Lead-Plaintiff Deadline in Securities Case

The notice follows a filed lawsuit claiming iRobot misled investors about restructuring benefits and standalone viability after the collapsed Amazon deal.

Overview

  • The class action covers purchasers of iRobot securities from January 29, 2024 through March 11, 2025.
  • Plaintiffs allege iRobot overstated the stabilizing impact of its Restructuring Plan following termination of the Amazon acquisition.
  • The complaint asserts substantial doubt existed about iRobot’s ability to continue as a going concern and that public statements were materially misleading.
  • Investors seeking to serve as lead plaintiff must ask the court by September 5, 2025.
  • No class has been certified, and investors may join through contingency representation without out-of-pocket fees.