Securities Fraud Investigation Into iRobot Corporation (IRBT) Announced – Investors Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of iRobot Corporation (“iRobot” or the “Company”) (NASDAQ: IRBT) on behalf of investors concerning the Company’s possible violations of federal securities laws.

IF YOU ARE AN INVESTOR WHO LOST MONEY ON IROBOT CORPORATION (IRBT), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.

What Is The Investigation About?

On March 12, 2025, iRobot released its fourth quarter and full year 2024 financial results, reporting a loss of $2.06 per share on revenue of $172 million, representing a 44% year-over-year decline and stating that “there can be no assurance that [iRobot’s] new product launches will be successful due to potential factors, including, but not limited to consumer demand, competition, macroeconomic conditions, and tariff policies.” Accordingly, “[g]iven these uncertainties and the implication they may have on the Company’s financials, there is substantial doubt about the Company’s ability to continue as a going concern for a period of at least 12 months from the date of the issuance of its consolidated 2024 financial statements.”

On this news, iRobot’s stock price fell $3.255, or 51.6%, over two consecutive trading days, to close at $3.055 per share on March 13, 2025, thereby injuring investors.

Contact Us To Participate or Learn More:

If you purchased iRobot securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:

The Law Offices of Frank R. Cruz,
2121 Avenue of the Stars, Suite 800,
Century City, California 90067
Call us at: 310-914-5007
Email us at: [e-mail]
Visit our website at: www.frankcruzlaw.com.
Follow us for updates on Twitter at twitter.com/FRC_LAW.

If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.