SHAREHOLDER ALERT: Class Action Lawsuit Filed on Behalf of Symbotic Inc. (SYM) Investors – Holzer & Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm

/EIN News/ -- ATLANTA, Aug. 15, 2024 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against Symbotic Inc. (“Symbotic” or the “Company”) (NASDAQ: SYM). The lawsuit alleges that Defendants created the false impression that they possessed reliable information pertaining to the Company’s projected earnings outlook and anticipated growth while also minimizing risk from seasonality and macroeconomic fluctuations, which caused shareholders to purchase Symbotic’s securities at artificially inflated prices.

If you bought shares of Symbotic between May 6, 2024 and July 29, 2024, and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey D. Holzer, Esq. at cholzer@holzerlaw.com, by toll-free telephone at (888) 508-6832 or you may visit the firm’s website at http://holzerlaw.com/case/symbotic/ to learn more.

The deadline to ask the court to be appointed lead plaintiff in the case is October 15, 2024.

Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021, 2022, and 2023, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content.  

CONTACT:
Corey Holzer, Esq.
(888) 508-6832 (toll-free)
cholzer@holzerlaw.com