Press release
Deadline on May 7th coming up in Lawsuit filed for Investors who lost money with shares of iRobot Corporation (NASDAQ: IRBT)
A Deadline is coming up on May 7, 2024 in the lawsuit for certain investors in iRobot Corporation (NASDAQ: IRBT).
Investors who purchased shares of iRobot Corporation (NASDAQ: IRBT) have certain options and there are strict and short deadlines running. Deadline: May 7, 2024. NASDAQ: IRBT stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
According to the complaint filed in the U.S. District Court for the District of New Jersey the plaintiff alleges on behalf of purchasers of iRobot Corporation (NASDAQ: IRBT) common shares between August 5, 2022 and January 26, 2024, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between August 5, 2022 and January 26, 2024, the Defendants made false and/or misleading statements and/or failed to disclose that the Merger would place Amazon in a sufficiently dominant position in the market for RVCs that U.S. and European antitrust regulators were unlikely to approve the Merger, that iRobot had conducted inadequate due diligence into the Merger and/or ignored significant risks weighing against the likelihood of regulatory approval, that as a result of all the foregoing, iRobot overstated the likelihood for successfully completing the Merger, and that as a result, the Company's public statements were materially false and misleading at all relevant times.
Those who purchased shares of iRobot Corporation (NASDAQ: IRBT) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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