Newman Ferrara LLP Announces Corporate Governance Investigation of R.R. Donnelley & Sons Company - RRD
NEW YORK, October 9, 2018 (BUSINESS WIRE) – Newman Ferrara LLP announced today that the firm is conducting an investigation on behalf of shareholders of R.R. Donnelley & Sons Company (“R.R. Donnelley” or the “Company”) (NYSE:RRD) focusing on potential breaches of fiduciary duty by the Company’s Board of Directors (the “Board”).
R.R. Donnelley, headquartered in Chicago, Illinois, is a communications and marketing company. Newman Ferrara’s investigation focuses on decisions made by the Board, without shareholder approval, the result of which significantly diminish shareholder value benefit the Company. Considering the Company’s continued poor financial performance and negative net income, it is clear that the Board lacks the ability to fairly assess and oversee the Company’s direction and leadership.
R.R. Donnelley stockholders seeking more information on this matter are invited to contact Newman Ferrara partner Jeffrey Norton (jnorton@nfllp.com) to discuss this investigation and their rights.
Newman Ferrara maintains a multifaceted practice based in New York City with attorneys specializing in 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.
CONTACT:
Newman Ferrara LLP
Jeffrey M. Norton
1250 Broadway, 27th Fl.
New York, NY 10001
(212) 619-5400