SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of iRobot Corporation (IRBT)

NEW YORK, June 30, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of iRobot Corporation ("iRobot" or the "Company") (NASDAQ: IRBT). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/irbt.

The investigation concerns whether iRobot and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.

On June 27, 2017, Spruce Point published an article stating 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 article also alleges that shareholders are "overlooking disruptive competition likely to enter iRobot's US market." Following this news, iRobot stock dropped.

If you are aware of any facts relating to this investigation, or purchased iRobot shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/irbt. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484. 

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.  Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.  In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration.   Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | [email protected]

SOURCE Bronstein, Gewirtz & Grossman, LLC

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