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Stock impact report

Holzer & Holzer, LLC Reminds Shareholders of May 7, 2024 Lead Plaintiff Deadline in iRobot Corporation (IRBT) Class Action – Nationally Ranked Investors’ Rights Firm Encourages Investors W...

iRobot Corporation (IRBT) 
Last irobot corporation earnings: 4/28 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.irobot.com/investor-overview
Company Research Source: GlobeNewswire
ATLANTA, May 02, 2024 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against iRobot Corporation (“iRobot” or the “Company”) (NASDAQ: IRBT). The lawsuit alleges that Defendants made materially false and misleading statements and/or failed to disclose material adverse information regarding the Company’s business, operations, and prospects, including allegations that: (i) the Company’s merger with Amazon (“Merger”) would place Amazon in a sufficiently dominant position in the market for robot vacuum cleaners (“RVCs”) 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; and (iii) as a result of all the foregoing, iRobot overstated the likelihood for successfully completing the Merger. If you bought iRobot shares between August 5, 2022 and January 26, 2024, and suffered a significant Show less Read more
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