NEW YORK–(BUSINESS WIRE)–Newman Ferrara LLP announced today that the firm is conducting an investigation on behalf of shareholders of TPG, Inc. (TPG or the Company) (NASDAQ:TPG) into potential breaches of fiduciary duty by the Company’s Board of Directors (the Board).
TPG, headquartered in Fort Worth, TX, is an alternative asset firm, which invests across five multi-product platforms namely Capital, Growth, Impact, Real Estate, and Market Solutions. Newman Ferrara’s investigation focuses on decisions made by the Board, without shareholder approval, the result of which significantly diminish shareholder value and do not benefit the Company. Considering the Company’s lackluster performance, it is clear that the Board lacks the ability to fairly assess and oversee the Company’s direction and leadership.
Current TPG stockholders seeking more information on this matter are invited to contact Newman Ferrara attorneys Jeffrey Norton (jnorton@nfllp.com) or Benjamin Baker (bbaker@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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240819085119/en/
Newman Ferrara LLP
Benjamin Baker
bbaker@nfllp.com
1250 Broadway, 27th Fl.
New York, NY 10001
(212) 619-5400
Source: Newman Ferrara LLP