SIM) Investors with losses to contact the company through Investing.com

SAN FRANCISCO, Dec. 11, 2024 (GLOBE NEWSWIRE) — Girard Sharp (OTC: ), LLP, a national investment, securities and consumer collective action firm, is investigating securities claims on behalf of Simbotic Inc . (NASDAQ: NASDAQ: ) investors who suffered losses.

If you are a Symbiotic investor who has suffered losseswe encourage you to fill out our contact formemail apolk@girardsharp.comor call (415) 544-6280 for a free consultation.

Simbotic is a robotics company that builds and operates warehouse robotic systems in the US and Canada. On November 27, 2024, Simbotic announced that it was unable to file a timely Form 10-K for fiscal year 2024, citing identified revenue recognition errors related to the overrun of unbillable costs for certain implementations, which will result in reduced earnings of 30-40 million dollars. Following the announcement, Simbotic’s stock fell nearly 40%.

Are you a Symbolic investor who has suffered losses? Click here for free consultations.

We also encourage you to contact Adam Polk of Girard Sharp LLP directly to discuss your rights, free of charge. You can contact Adam by dialing (415) 544-6280or by email at apolk@girardsharp.com.

Why Girard Sharp?

Girard Sharp represents investors, consumers and institutions in class actions and other complex litigation across the country. We recently obtained a $36.5 million securities settlement against Makar Technologies ( NISE: ), a space imaging company, after its stock price fell following its acquisition of DigitalGlobe. Our attorneys have won multimillion-dollar recoveries for victims of unfair and deceptive practices in antitrust, financial fraud and consumer protection matters against some of the nation’s largest corporations, including Raymond (NS:) James, John Hancock and Sears. Girard Sharp has earned the top U.S. News & World Report ranking for securities and class Action (VA:) Litigation and has repeatedly been selected as an Elite Trial Lawyers Finalist by the National Law Journal.

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