SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in iRobot Corporation with Losses of $100,000 to Contact the Firm

LOS ANGELES, April 23, 2024

Investors who purchased the Company's securities between August 5, 2022 and January 26, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before May 7, 2024.     

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. iRobot's merger with Amazon ("the Merger") would give Amazon a dominant position in robot vacuum cleaners ("RVCs"), making it unlikely that American and European authorities would approve it. The Company failed to complete adequate due diligence on the Merger and ignored regulatory risks. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about iRobot, investors suffered damages.