The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Rockwell Automation, Inc. (“Rockwell” or “the Company”) (NYSE: ROK) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Rockwell released its second quarter 2022 financial results on May 3, 2022. The Company revealed a net income decline of $361.1 million year-over-year. The Company also reduced its guidance for the full year due to “supply chain restraints.” Based on this news, shares of Rockwell fell by 14.5% on the same day.
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The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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The Schall Law Firm
Brian Schall, Esq.