RB Global, Inc. (NYSE:RBA) Investor Notice: Investigation Concerning Possible Breaches of Fiduciary Duties

An investigation on behalf of investors in RB Global, Inc. (NYSE:RBA) shares over potential wrongdoing at RB Global, Inc. was announced.


San Diego, CA -- (SBWire) -- 12/01/2023 --An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at 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 concerns whether certain RB Global, Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders.

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.

Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739

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.

Media Relations Contact

Michael Daniels
Shareholders Foundation, Inc.

View this press release online at: http://rwire.com/1380661