Girard Sharp attorneys are investigating securities claims on behalf of Symbotic Inc. (NASDAQ: SYM) investors who sustained losses.
Are you a Symbotic Inc. investor who sustained losses? You may have a claims to financial relief.
For a free consultation, fill out the form below or call us toll-free at (866) 981-4800 to discuss your options.
Symbotic Shares Drop Nearly 40% After Finacial Report
Symbotic is a robotics manufacturing company that builds and operates warehouse robotics systems in the US and Canada. On November 27, 2024, Symbotic announced that it was unable to file a timely Form 10-K for the 2024 fiscal year, citing “identified errors in its revenue recognition related to cost overruns that will not be billable on certain deployments,” which will result in a reduction in earnings of “$30-$40 million.” Following this announcement, Symbotic’s share price fell by nearly 40%.
If you are a Symbotic investor who sustained losses, fill out the form above to speak to a Girard Sharp attorney about your rights.
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Girard Sharp represents investors, consumers, and institutions in class actions and other complex litigation nationwide. We recently obtained a $36.5 million securities settlement against Maxar Technologies, a space imagery company, after its share price collapsed following its acquisition of DigitalGlobe. Our attorneys have obtained multimillion-dollar recoveries for victims of unfair and deceptive practices in antitrust, financial fraud, and consumer protection matters against some of the country’s largest corporations, including Raymond James, John Hancock, and Sears. Girard Sharp has earned top-tier rankings from U.S. News and World Report for Securities and Class Action Litigation and has been repeatedly selected as an Elite Trial Lawyers finalist by the National Law Journal.
