March 15, 2021
Bedford, Massachusetts-based iRobot Corp. ducked a stock-drop suit Friday when a judge ruled there wasn't sufficient evidence that the vacuum maker or its executives willfully misled investors after being forced to revise down financial expectations in 2019.
September 17, 2020
Roomba vacuum maker iRobot Corp. told a Massachusetts federal judge Thursday that President Donald Trump's unpredictable nature and the trade war he started with China are to blame for a 2018 stock price drop, arguing company executives were open about the uncertainty.
May 20, 2020
Roomba vacuum maker iRobot Corp. and its executives are seeking to shed a proposed securities class action they face in Massachusetts federal court, telling a judge Wednesday that the company's stock prices were impacted by tariffs and "unprecedented" uncertainty about trade tension between the U.S. and China.
January 27, 2020
Labaton Sucharow LLP was appointed Friday to lead a proposed securities class action in Massachusetts federal court that alleges the maker of Roomba robot vacuums inflated its stock price by oversupplying its product to distributors.