LOS ANGELES, Feb. 4, 2025 -- The DJS Law Group reminds investors of a class action lawsuit against Symbotic Inc. ("Symbotic" or "the Company") (NASDAQ: SYM) for violations of the federal securities laws.
Shareholders who purchased the Company's securities between February 8, 2024 and November 26, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before February 3, 2025.
CASE DETAILS: Symbotic allegedly made false and misleading statements to the market regarding accelerated revenue recognition in its 2024 financial statements in an improper manner. Based on this fact, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Symbotic, investors suffered damages.
If you are a shareholder who suffered a loss, contact us to participate.
WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: David@djslawllp.com
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