Latest news with #iRobot

Associated Press
4 days ago
- Business
- Associated Press
IRBT Investors Have Opportunity to Lead iRobot Corporation Securities Fraud Lawsuit
NEW YORK, Aug. 4, 2025 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of iRobot Corporation (NASDAQ: IRBT) between January 29, 2024 and March 11, 2025, both dates inclusive (the 'Class Period'), of the important September 5, 2025 lead plaintiff deadline. So What: If you purchased iRobot securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. What to do next: To join the iRobot class action, go to or call Phillip Kim, Esq. at 866-767-3653 or email [email protected] for more information. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 5, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. Details of the case: According to the lawsuit, throughout the Class Period, defendants made false and misleading statements and/or failed to disclose that: (1) iRobot overstated the extent to which the Restructuring Plan would help iRobot maintain stability after the termination of the Amazon Acquisition; (2) as a result, it was unlikely that iRobot would be able to profitably operate as a standalone company; (3) accordingly, there was substantial doubt about iRobot's ability to continue as a going concern; and (4) as a result, defendants' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the iRobot class action, go to or call Phillip Kim, Esq. at 866-767-3653 or email [email protected] for more information. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: on Twitter: or on Facebook: Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 [email protected] View original content to download multimedia: SOURCE THE ROSEN LAW FIRM, P. A.


Globe and Mail
29-07-2025
- Business
- Globe and Mail
Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of iRobot Corporation (IRBT) Shareholders
NEW YORK - July 29, 2025 (NEWMEDIAWIRE) - Levi & Korsinsky, LLP notifies investors in iRobot Corporation (NASDAQ: IRBT) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of iRobot Corporation investors who were adversely affected by alleged securities fraud between January 29, 2024 and March 11, 2025. Follow the link below to get more information and be contacted by a member of our team: IRBT investors may also contact Joseph E. Levi, Esq. via email at jlevi@ or by telephone at (212) 363-7500. CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) iRobot overstated the extent to which the restructuring plan would help the Company maintain stability after the termination of the Amazon acquisition; (ii) as a result, it was unlikely that iRobot would be able to profitably operate as a standalone company; (iii) accordingly, there was substantial doubt about the Company's ability to continue as a going concern; and (iv) as a result, defendants' public statements were materially false and misleading at all relevant times. WHAT'S NEXT? If you suffered a loss in iRobot Corporation during the relevant time frame, you have until September 5, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. To learn more about this case, subscribe to the Bulls & Betrayals podcast, which features a dedicated episode unpacking the allegations against iRobot Corporation. Listen now and find out if you are eligible to join the lawsuit. NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate. WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.


Forbes
29-07-2025
- Forbes
iRobot's Latest Roomba Will Keep Your Carpets Dry
The new Roomba Max 705 Combo Robot iRobot has taken the covers off of its 'most advanced' 2-in-1 robot cleaner yet; the Roomba Max 705 Combo, which introduces a physical mop cover designed to keep carpets dry. Launching in Europe, with a North American release coming later this year, the Max 705 Combo also packs a boosted suction system, AI-powered obstacle avoidance, and a fully automated dock. But it's the Max 705 Combo's clever mopping trick that is the standout feature here. It's got a roller-style mop that stays in place during cleaning, and features a retractable shield that automatically deploys to prevent dragging moisture over rugs. It's a direct attempt to solve one of the biggest shortcomings of combo bots. Cheaper models usually require users to set non-mopping zones in the app, and higher-end rivals like Dreame, Ecovacs and Roborock feature mop lifting to keep contact between mopping pads and carpets to a minimum. Some newer models even leave their mopping pads in the dock while they tackle vacuuming carpets, but iRobot's approach is definitely a first. Aside from the headline-grabbing mopping smarts, the Max 705 Combo uses LiDAR to map your home in 3D and dodge the usual hazards - cables, toys, pet waste and so on - with upgraded corner-cleaning performance thanks to a new PowerSpin roller mop with PerfectEdge tech. Suction is rated at 175x over iRobot's 600 models and it boasts the company's standard anti-tangle rubber brushes and dual edge-sweepers. The 705 comes with iRobot's AutoWash Dock, which handles heated mop washing and drying, auto-refilling, and self-emptying for up to 75 days. Like other recent Roombas, the new flagship supports room and object-based cleaning, voice assistant control, and no-go zone setup via the iRobot Home app. The Max 705 Combo costs €1099 in Europe, and will roll out in North America and Japan later this year. It's been a turbulent few months for iRobot, with the failed acquisition by Amazon being the biggest news. Back in March it unveiled an updated Roomba series for 2025, but there were concerns as to whether these new cleaners will be enough to reverse the current trajectory. Just days after that big launch announcement, it warned investors that it may be forced to close in the next 12 months unless it can refinance its debt or find a buyer.


Gizmodo
28-07-2025
- Business
- Gizmodo
If You Swear by an iRobot Roomba for Your Cleaning, This Robovac Is Nearly Free on Amazon
iRobot has been a brand you can rely on with robot vacuums for years, and it ranges from affordable devices to more premium models. In case you trust the American company to do your cleaning, there is an unbelievable deal available on Amazon to start the week. The iRobot Roomba robot vacuum Q0120 is now available at an all-time low price of $136, down from $249 (45% off): This makes it one of the most budget-friendly robovacs on the market, and it delivers unmatched value at this price point. If you're ready to ditch your old stick vacuum, this model is a real game changer. See at Amazon The Roomba Q0120 uses a 3-stage cleaning system specifically optimized to clean carpets as well as hard floors efficiently from dirt and dust. The process uses strong suction in combination with superior brushes which collect the trash from surfaces with optimal efficiency. Smart navigation helps the robot clean your home in clean and it glides over furniture. The accuracy ensures every spot is counted without repetitions or misses. Installation of the robot vacuum is simple and very quick: It's even operable right out of the box so you can start automating your cleanings right away. The iRobot Home app makes it even better by allowing remote control of the vacuum. Scheduling cleanings when you're not home and viewing cleaning maps indicates where the robot has been cleaning before. The Q0120's slender and slim profile makes it easy to slide under pieces of furniture and into spaces that are too small for other vacuums where dust likes to accumulate. Its edge-sweeping brush gets into corners and along baseboards to ensure that no dirt or dust is left behind. This model is also able to vacuum continuously for 120 minutes on one charge, and it automatically goes back to its base to recharge whenever the battery gets low. There are three power settings so that you can adapt the power of suction to your needs—choosing quieter cleaning when you have light dusting or ramping it up for tough messes. The spot cleaning mode also enables the Roomba to thoroughly clean a localized spot for two minutes, rotating in place to remove concentrated grime or spills efficiently. The current short-term discount makes it one of the best offers for new robot vacuum cleaners available. See at Amazon


Associated Press
27-07-2025
- Business
- Associated Press
TOP RANKED ROSEN LAW FIRM Encourages iRobot Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action
NEW YORK, July 27, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of iRobot Corporation (NASDAQ: IRBT) between January 29, 2024 and March 11, 2025, both dates inclusive (the 'Class Period'), of the important September 5, 2025 lead plaintiff deadline. SO WHAT: If you purchased iRobot securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the iRobot class action, go to or call Phillip Kim, Esq. at 866-767-3653 or email [email protected] for more information. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 5, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and misleading statements and/or failed to disclose that: (1) iRobot overstated the extent to which the Restructuring Plan would help iRobot maintain stability after the termination of the Amazon Acquisition; (2) as a result, it was unlikely that iRobot would be able to profitably operate as a standalone company; (3) accordingly, there was substantial doubt about iRobot's ability to continue as a going concern; and (4) as a result, defendants' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the iRobot class action, go to or call Phillip Kim, Esq. at 866-767-3653 or email [email protected] for more information. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: on Twitter: or on Facebook: Attorney Advertising. Prior results do not guarantee a similar outcome. ------------------------------- Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 [email protected]