Investors Urged to Join iRobot Securities Fraud Class Action Before September Deadline

Urgent Notice: Investors in iRobot Corporation (IRBT) who experienced financial losses are encouraged to contact Glancy Prongay & Murray LLP regarding a securities fraud class-action lawsuit. The firm reminds stakeholders that the deadline to file a lead plaintiff motion is September 5, 2025. On March 12, 2025, iRobot announced its financial results for the fourth quarter and full year 2024, revealing a net loss of $2.06 per share on revenue of $172 million—marking a 44% decline compared to the previous year. The company also expressed concerns over the success of new product launches amid uncertain market conditions, raising doubts about its ability to continue as a going concern. Following this announcement, iRobot's stock price plummeted by 51.6%, closing at $3.055 per share on March 13, 2025, adversely impacting investors. The lawsuit alleges that during the class period, iRobot's executives made false or misleading statements and failed to disclose critical adverse information about the company's operations and future prospects. Specifically, they allegedly overstated the benefits of a restructuring plan, downplayed the likelihood of profitable standalone operations, and co...