LOS ANGELES--(BUSINESS WIRE)--Goldberg Law PC, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of iRobot Corporation (“iRobot” or the “Company”) (Nasdaq: IRBT).
If you purchased or otherwise acquired iRobot shares, and would like more information about the investigation, we encourage you to contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 1999 Avenue of the Stars, Suite 1100, Los Angeles, CA 90067, at 800-977-7401, to discuss your rights without cost to you.
The investigation focuses on whether iRobot and certain of its officers and/or directors violated federal securities laws. On June 27, 2017, Spruce Point released a report suggesting that iRobot’s recent outperformance “reflects restocking of its supply chain after years of false starts, the removal of the struggling military business, and the acquisition boost from its Japanese distributor. We believe these factors will create very difficult comparisons for iRobot to lap in the future…” The report also alleges that investors are “overlooking disruptive competition likely to enter iRobot’s US market.” Following this information, iRobot’s stock price fell.
If you have any questions about your legal rights, please immediately contact Goldberg Law PC at 800-977-7401, visit our website at http://www.Goldberglawpc.com, or email us at email@example.com.
Goldberg Law PC represents investors around the world, and specializes in securities class action lawsuits and shareholder rights litigation.
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