Investigation announced for Investors in RB Global, Inc. (NYSE: RBA) over possible Violations of Securities Laws

An investigation was announced for investors of RB Global, Inc. (NYSE: RBA) shares over potential securities laws violations by RB Global, Inc.

Investors who purchased shares of RB Global, Inc. (NYSE: RBA), 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 focuses on possible claims on behalf of purchasers of the securities of RB Global, Inc. (NYSE: RBA) concerning whether a series of statements by RB Global, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Westchester, IL based RB Global, Inc., an omnichannel marketplace, provides insights, services, and transaction solutions for buyers and sellers of commercial assets and vehicles worldwide. RB Global, Inc. reported that its annual Total Revenue rose from over $1.41 billion in 2021 to over $1.73 billion in 2022, and that its Net Income increased from $151.86 million in 2021 to $319.65 million in 2022.

On August 2, 2023, RB Global, Inc., announced the departure of its Chief Executive Officer and Chief Financial Officer.

Then on August 21, 2023, The Wall Street Journal reported that "Major shareholders have privately written to vehicle marketplace's board voicing displeasure with management changes."

Shares of RB Global, Inc. (NYSE: RBA) declined from $65.13 per share on August 01, 2023, to $55.54 per share on August 02, 2023.

Those who purchased shares of RB Global, Inc. (NYSE: RBA) 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.

This release was published on openPR.