March 25, 2020
Attorneys from Gainey McKenna & Egleston and the Rosen Law Firm PA, with an assist from the Law Office of Michael P. Utke LLC, will represent investors in iRobot, the maker of Roomba vacuums, in a derivative action accusing executives of artificially inflating the company's revenue growth using a "channel-stuffing" scheme that caused the company's stock to plummet.
January 09, 2020
IRobot, the maker of Roomba vacuums, and its executives artificially inflated the company's revenue growth using a "channel-stuffing" scheme that caused the company's stock to plummet three separate times when the truth came out, according to an investor class action filed Thursday in Massachusetts federal court.