iRobot Investor Presses Timeline of Failed Amazon Deal on Appeal

iRobot Corp. and the investor leading a proposed class action focused during oral arguments Monday on the timing of adverse events before Amazon Inc.‘s acquisition of the robot vacuum maker collapsed.

Circuit Judge Sandra L. Lynch pointed to iRobot saying in August 2023 for the first time that it expected to garner the required regulatory approvals for the merger to complete. “I thought it a little odd, given your version of the sequence of events, that they choose in August of ’23 for the very first time to actually offer a prediction on what’s going to happen,” Lynch said ...