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IRobot Misled Investors On Failed Amazon Merger, Suit Claims

By Sydney Price (March 11, 2024, 5:31 PM EDT) -- Roomba vacuum maker iRobot Corp. has been hit with a proposed class action from an investor alleging it misled shareholders about its now-canceled merger with Amazon, saying iRobot had downplayed the significant risk that the merger would not secure regulatory approval in the U.S. and Europe....

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