Investors in KKR & Co. Inc. (NYSE: KKR) Should Contact the Shareholders Foundation in Connection With Lawsuit

The Shareholders Foundation, Inc. announced that a lawsuit was filed for certain investors in KKR & Co. Inc. (NYSE:KKR) shares.

Investors, who purchased shares of KKR & Co. Inc. (NYSE: KKR), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.

The plaintiff seeks to inspect the books and records of KKR & Co. Inc in connection when KKR’s founders Henry Kravis and George Roberts handed off the day-to-day management of private equity firm KKR to their successors in 2021. From KKR’s IPO the Founders had maintained control over KKR.

The plaintiff alleges that Kravis and Roberts “wanted to enrich themselves” through a taxable receivable agreement (“TRA”) termination deal and also accuses investment banking firm Evercore, which is the financial advisor of KKR’s Conflicts Committee, of “aiding and abetting breach of fiduciary duty.”

The lawsuit alleges that Kravis and Roberts initially sought 8.5 million new shares worth over $500 million at the time as payment for themselves and other TRA rights holders as part of a 2021 corporate reorganization of the firm. The plaintiff alleges that Kravis and Roberts got the shares despite the fact that neither man had ever sold a share that would generate a tax asset for the company.

Those who hold shares of KKR & Co. Inc. (NYSE: KKR) should contact the Shareholders Foundation, Inc.

CONTACT:

Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
mail@shareholdersfoundation.com
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a 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. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.

Contact Information

Michael Daniels
Manager
mail@shareholdersfoundation.com
858-779-1554

SOURCE: Shareholders Foundation, Inc.

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