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Shareholder Alert: Ademi LLP investigates whether Roku, Inc. is obtaining a Fair Price for Public Shareholders

GlobeNewswire Inc.·
Shareholder Alert: Ademi LLP investigates whether Roku, Inc. is obtaining a Fair Price for Public Shareholders

Ademi LLP is investigating Roku's acquisition by Fox for potential breaches of fiduciary duty. Under the deal, Roku shareholders will receive $96 cash and 0.9693 Fox shares per Roku share, valuing the transaction at $160 per share. The investigation focuses on whether the Roku board is fulfilling its fiduciary duties, citing concerns about insider benefits and restrictive deal terms that limit competing bids.

Read Full Article at GlobeNewswire Inc.
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