iRobot Corporation is a technology company that specializes in the design and manufacturing of innovative robotic solutions for the home
The company is best known for its Roomba line of robotic vacuum cleaners, which autonomously navigate indoor spaces to clean floors, but it also offers a range of other household robots that assist with various cleaning tasks. iRobot leverages advanced artificial intelligence and sophisticated engineering to create products that enhance convenience and efficiency in everyday life. Additionally, the company focuses on developing smart home technologies, with many of its products equipped to integrate into connected home ecosystems.
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NEW YORK, July 25, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against iRobot Corporation (NASDAQIRBT) on behalf of long-term stockholders following a class action complaint that was filed against iRobot on March 8, 2024 with a Class Period from August 5, 2022 to January 26, 2024. Our investigation concerns whether the board of directors of iRobot have breached their fiduciary duties to the company.