iRobot Corporation

IRBT

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Lead Plaintiff Deadline:
May 07, 2024

Days Left:
-219

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iRobot Corporation Form












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Allegations

The filed complaint alleges that defendants made false statements and/or concealed 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.

Eligibility

In order to be included in the lawsuit, you must have incurred a loss on shares of iRobot purchased or acquired during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in iRobot during the relevant time frame, you have until May 07, 2024 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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