#United States #New York #Class Action #Shareholders #Symbotic Inc

Important Update for Symbotic Inc. Shareholders

The Gross Law Firm has recently informed shareholders of Symbotic Inc. (NASDAQ: SYM) regarding an ongoing class action lawsuit. This announcement is particularly crucial for those who acquired SYM shares between February 8, 2024, and November 26, 2024. If you are one of these shareholders, you are strongly encouraged to reach out to the Gross Law Firm to discuss potential lead plaintiff opportunities, although it is important to note that becoming a lead plaintiff is not necessary for participating in any future recovery.

Key Allegations

The lawsuit brings to light some serious allegations against Symbotic. It asserts that during the specified class period, the company engaged in improper practices regarding its revenue recognition, specifically by accelerating revenue figures in its financial statements for 2024. Consequently, many statements made by the company about its business performance, operations, and outlook were allegedly misleading or lacked a reasonable basis.

Important Deadlines

The deadline for shareholders to register for participation in this class action is February 3, 2025. Potential participants are urged not to delay in registering, as this is crucial for informed decision-making regarding the case. By registering, shareholders will also gain access to a portfolio monitoring system that will keep them updated about the case's progress.

Next Steps for Shareholders

The next steps for SYM shareholders involve registering through the aforementioned links. This registration does not require any cost or commitment. It merely ensures that shareholders stay informed about developments related to the class action and any possible recovery outcomes. The registration can be completed through the Gross Law Firm’s website, where you can find more details about the process.

Why Choose Gross Law Firm?

The Gross Law Firm has built a strong reputation as a national class action law firm, dedicated to safeguarding the rights of investors who have experienced financial harm due to deceptive practices in business. Their commitment lies in compelling companies to follow responsible business practices and prioritize corporate ethics. They aim for financial recovery for investors affected by misleading information or practices that artificially inflated stock prices.

Contact Information

For any inquiries or further information about the class action suit, shareholders can get in touch with the Gross Law Firm through their contact details:

• - Address: 15 West 38th Street, 12th floor, New York, NY, 10018
• - Email: info@grosslawfirm.com
• - Phone: (646) 453-8903

Staying informed and proactive can make a significant difference in navigating the complexities of legal proceedings, especially in cases with such broad implications. If you are a shareholder of Symbotic Inc., now is the time to engage and ensure that your voice is heard in this matter.