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 ...
IRBT) Class Action – Nationally Ranked Investors' Rights Firm Encourages Investors With Significant Losses to Contact the Firm>Full story available on Benzinga.com