NEW
YORK, April 26, 2024 /PRNewswire/ -- The
Gross Law Firm issues the following notice to shareholders
of iRobot Corporation (NASDAQ: IRBT).
Shareholders who purchased shares of IRBT 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/irobot-loss-submission-form/?id=76940&from=4
CLASS PERIOD: August 5,
2022 to January 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: (i) the
August 2022 merger of the Company and
Amazon, would place Amazon in a sufficiently dominant position in
the market for robot vacuum cleaners that U.S. and European
antitrust regulators were unlikely to approve the merger; (ii)
iRobot had conducted inadequate due diligence into the merger
and/or ignored significant risks weighing against the likelihood of
regulatory approval; (iii) as a result of all the foregoing, iRobot
overstated the likelihood for successfully completing the merger;
and (iv) as a result, the Company's public statements were
materially false and misleading at all relevant times.
DEADLINE: May 7, 2024
Shareholders should not delay in registering for this class action.
Register your information here:
https://securitiesclasslaw.com/securities/irobot-loss-submission-form/?id=76940&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a
shareholder who purchased shares of IRBT 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 May 7, 2024. There is no cost or
obligation to you to participate in this case.
WHY GROSS LAW FIRM? 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,
fraud, 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's stock. Attorney advertising. Prior results do not
guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm