Robbins LLP urges Symbotic shareholders to seek legal advice over a class-action lawsuit alleging financial reporting errors.

Robbins LLP, a shareholder rights firm, is urging Symbotic Inc. (NASDAQ: SYM) stockholders who suffered losses to seek legal advice due to a class-action lawsuit. The lawsuit claims Symbotic failed to disclose material weaknesses in its financial reporting, including errors in revenue recognition. Symbotic disclosed these issues on November 27, 2024, leading to a significant drop in stock price. Shareholders who want to serve as lead plaintiff must apply by February 3, 2025.

3 months ago
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