Rosen Law Firm Files iRobot Class Action as Lead Plaintiff Deadline Approaches.
Rosen Law Firm has officially filed a class action lawsuit on behalf of investors in iRobot Corporation (NASDAQ: IRBT), covering those who purchased shares between January 29, 2024, and March 11, 2025.
The firm alleges that iRobot misled investors about its financial stability following the collapse of its planned Amazon acquisition.
At the heart of the case is the claim that iRobot overstated the benefits of its restructuring plan, creating a false sense of security about its ability to function as a standalone business.
According to the lawsuit, the company’s leadership failed to disclose serious doubts about iRobot’s long-term financial health, leading to significant losses when the truth emerged.
Investors who bought iRobot shares during this period now have an opportunity to seek compensation through the lawsuit. To potentially lead the case as a representative plaintiff, investors must apply by September 5, 2025. However, participating in any eventual settlement does not require serving as lead plaintiff.
Rosen Law Firm, known for its track record in securities litigation, encourages investors to carefully choose experienced counsel. The firm has secured hundreds of millions of dollars for investors worldwide, gaining recognition from industry authorities such as Law360 and Super Lawyers.
For more information or to join the lawsuit, investors can call Phillip Kim, Esq. at (866) 767-3653 or email case@rosenlegal.com.
No class has been certified yet. Investors are not represented unless they retain counsel.
iRobot Corporation is a U.S.-based robotics company known for its Roomba vacuum and Braava mopping robots. Founded in 1990, it has sold over 50 million home robots worldwide. Following Amazon’s failed acquisition in 2024, iRobot continues to focus on consumer robotics under CEO Gary Cohen.
The Rosen Law Firm, P.A. is a leading international law firm specializing in securities class actions, shareholder derivative litigation, and investor rights. Founded by Laurence Rosen, the firm has established a stellar reputation for its successful track record in recovering significant settlements for investors globally. With a focus on providing top-tier legal representation, Rosen Law Firm has secured hundreds of millions of dollars for its clients in securities fraud cases and other complex legal matters.
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