Lawsuit Filed for Investors in KKR & Co. Inc. (NYSE:KKR) Shares by Shareholders Foundation, Inc.

Investors in KKR & Co. Inc. (NYSE:KKR) are facing a legal battle as a lawsuit has been filed by the Shareholders Foundation, Inc. The lawsuit alleges that KKR’s founders, Henry Kravis and George Roberts, sought to enrich themselves through a questionable termination deal related to a taxable receivable agreement (TRA). The lawsuit also accuses investment banking firm Evercore of aiding and abetting breach of fiduciary duty.

The plaintiff in the case is seeking to inspect the books and records of KKR & Co. Inc. in connection with the handover of day-to-day management from the founders to their successors in 2021. The lawsuit claims that Kravis and Roberts received 8.5 million new shares worth over $500 million as part of a corporate reorganization, despite never having sold a share that would generate a tax asset for the company.

Investors who hold shares of KKR & Co. Inc. (NYSE:KKR) are urged to contact the Shareholders Foundation, Inc. for more information on their options. The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and settlement claim filing service that provides research on shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal news related to the stock market.

For more information, investors can contact Michael Daniels at mail@shareholdersfoundation.com or call +1 (858) 779-1554. The lawsuit highlights the importance of transparency and accountability in corporate governance, and serves as a reminder for investors to stay informed and vigilant in protecting their investments.