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.