LOS ANGELES, Sept. 6, 2024 /PRNewswire/ — The Law Offices of Frank R. Cruz uncovered a potential opportunity for investors with significant losses to spearhead the securities fraud class action lawsuit against Symbotic Inc. (“Symbotic” or the “Company”) SYM.

Class Period: May 6, 2024 – July 29, 2024
Lead Plaintiff Deadline: October 15, 2024

Should you be a shareholder who sustained a loss, an opportunity is afoot for your engagement.

The complaint lodged asserts that, during the Class Period, Defendants omitted to inform investors that: (1) the Company was not authentically prepared to promptly implement their systems or manage expenses effectively due to project delays; and (2) as a result, the optimism of Defendants regarding the Company’s business, operations, and future prospects were significantly deceiving and/or lacked a reasonable foundation throughout the relevant times.

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To participate in the class action, no immediate action is necessary. You may select your own representative or observe from the sidelines to be a passive member of the class action. To explore further about this class action or seek clarifications regarding this declaration or your entitlement and interests concerning the pending class action lawsuit, feel free to reach out to Frank R. Cruz, at The Law Offices of Frank R. Cruz, situated at 2121 Avenue of the Stars, Suite 800, Century City, California 90067 via 310-914-5007, through email at info@frankcruzlaw.com, or by browsing our website at www.frankcruzlaw.com. In email correspondence, kindly include your postal address, contact number, and the quantity of shares acquired.

Note that in specific jurisdictions and under applicable laws and ethical standards, this press release may be perceived as Attorney Advertising.

Contacts

The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz, 310-914-5007
fcruz@frankcruzlaw.com
www.frankcruzlaw.com

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SOURCE The Law Offices of Frank R. Cruz, Los Angeles