An investigation for investors in Rockwell Automation, Inc. (NYSE:ROK) shares over potential securities laws violations by Rockwell Automation, Inc. was announced.
San Diego, CA -- (SBWIRE) -- 04/12/2023 -- An investigation was announced for investors of Rockwell Automation, Inc. (NYSE: ROK) shares over potential securities laws violations by Rockwell Automation, Inc.
Investors who purchased shares of Rockwell Automation, Inc. (NYSE: ROK), have certain options and should contact the Shareholders Foundation at ma[email protected]oundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by Rockwell Automation, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
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.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego
About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, 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, investigation, and/or settlements are not filed/reached and/or 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.
For more information on this press release visit: http://www.sbwire.com/press-releases/nyserok-investor-notice-investigation-over-potential-securities-laws-violations-by-rockwell-automation-inc-1372887.htm
Media Relations Contact
Shareholders Foundation, Inc.
Email: Click to Email Michael Daniels