Press release
Investigation announced for Investors in NYSE: ROK shares over potential Wrongdoing at Rockwell Automation, Inc.
An investigation on behalf of investors in Rockwell Automation, Inc. (NYSE: ROK) shares over potential wrongdoing.
Investors who purchased shares of Rockwell Automation, Inc. (NYSE: ROK) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain Rockwell Automation, Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.
Milwaukee, WI based Rockwell Automation, Inc. provides industrial automation and digital transformation solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. Rockwell Automation, Inc. reported that its Total Revenue rose from over $6.9 billion for the 12 months period that ended on September 30, 2021, to over $7.76 billion for the 12 months period that ended on September 30, 2022.
On May 3, 2022, before the market opened, Rockwell Automation, Inc released its second quarter 2022 financial results, revealing a net income decline of $361.1 million compared to the second quarter of 2021. Rockwell Automation, Inc also reduced its fiscal year 2022 guidance. Attributing the reduction to "supply chain restraints."
Shares of Rockwell Automation, Inc. (NYSE: ROK) declined to $190.08 per share on June 22, 2022.
Those who purchased shares of Rockwell Automation, Inc. (NYSE: ROK) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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