Newman Ferrara LLP Announces Corporate Governance Investigation of Roper Technologies, Inc. - ROP
NEW YORK--(BUSINESS WIRE)--Nov 14, 2018--Newman Ferrara LLP announced today that the firm is conducting an investigation on behalf of shareholders of Roper Technologies, Inc. (“Roper” or the “Company”) (NYSE:ROP) focusing on potential breaches of fiduciary duty by the Company’s Board of Directors (the “Board”).
Roper, headquartered in Sarasota, Florida, designs and develops software, and engineered products and solutions for various industries. Newman Ferrara’s investigation focuses on self-interested decisions made by the Board, without shareholder approval, which diminish shareholder value and threaten to harm the Company’s long-term interests. Despite the Company’s satisfactory financial performance, certain self-interested decisions make it clear that the Board’s interests are not properly aligned with Roper’s shareholders or the long-term success of the Company.
Roper stockholders seeking more information on this matter are invited to contact Newman Ferrara partner Jeffrey Norton ( firstname.lastname@example.org ) to discuss this investigation and their rights.
Newman Ferrara maintains a multifaceted practice based in New York City with attorneys concentrating on complex commercial and multi-party litigation, securities fraud and shareholder litigation, consumer protection, civil rights, and real estate. For more information, please visit the firm website at www.nfllp.com.
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CONTACT: Newman Ferrara LLP
Jeffrey M. Norton
KEYWORD: UNITED STATES NORTH AMERICA NEW YORK
INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL
SOURCE: Newman Ferrara LLP
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PUB: 11/14/2018 07:00 PM/DISC: 11/14/2018 07:00 PM