#United States #New York #Levi & Korsinsky #iRobot Corporation #Lawsuit Alert

Levi & Korsinsky Reminds iRobot Shareholders

Investors in iRobot Corporation (NASDAQ: IRBT) received urgent communication from Levi & Korsinsky, LLP regarding a class action securities lawsuit set to potentially impact those who invested in iRobot over a specific period. This lawsuit relates to allegations of securities fraud that occurred between January 29, 2024, and March 11, 2025.

Overview of the Lawsuit

The securities fraud claims aim to recover losses suffered by investors due to the defendants' alleged misstatements and misleading omissions regarding iRobot's business operations and stability after a pivotal restructuring plan. According to the lawsuit, the defendants overstated the efficacy of this restructuring plan in relation to the company's operation post-termination of an acquisition by Amazon.

Key Allegations

More specifically, the lawsuit claims that:

• - iRobot's management provided false assurances regarding the company’s ability to maintain its operations as a standalone entity.
• - As a result of these false statements, there was a significant risk that iRobot would fail to operate profitably moving forward.
• - These claims, if proven true, indicate the defendants' public statements were materially false and misleading at all relevant times.

What Should Investors Do?

For those who incurred losses pertaining to iRobot shares during this defined timeframe, the deadline to apply as a lead plaintiff is set for September 5, 2025. Engaging in this process does not necessitate being a lead plaintiff to participate in potential recoveries from the case. Levi & Korsinsky emphasizes that there is no required out-of-pocket cost for individuals seeking to join the class action, enabling broader access to justice for affected investors.

Why Choose Levi & Korsinsky?

For over 20 years, Levi & Korsinsky has built a solid reputation, securing hundreds of millions of dollars for aggrieved shareholders through their dedicated legal team. This firm has been recognized as one of the leading securities litigation firms in the United States, consistently ranking in the Top 50 Report by ISS Securities Class Action Services. Their experienced team, comprising over 70 legal professionals, specializes in complex securities litigation, making them adept at handling high-stakes cases involving investor rights.

Contact Information

Current and former iRobot investors looking for more information or intending to join the class action suit can reach out to Joseph E. Levi, Esq. at Levi & Korsinsky. Interested parties can contact him via email at [email protected] or through telephone at (212) 363-7500. More details can be obtained by visiting the official Levi & Korsinsky website.

Conclusion

The deadline for submitting your request as a lead plaintiff in this essential class action lawsuit against iRobot Corporation is fast approaching. Investors are urged to act promptly to protect their rights in the face of alleged securities fraud that may have significantly impacted iRobot's stock and their personal investments.