We are investigating the fairness of the proposed sale of Roku, Inc. (Nasdaq: ROKU) (“Roku”) to Fox Corporation (“Fox”) pursuant to which Roku shareholders will receive $96.00 in cash, and 0.9693 shares of FOX Class A common stock, for each Roku Class A and Class B share outstanding.
In trading on June 15, 2026, the day the deal was announced, the price of Roku shares fell nearly 2%. Roku’s stock price has continued to fall in trading on June 16, 2026.
“We are investigating whether the Roku Board of Directors acted in the best interests of Roku shareholders in approving the sale,” explained Joshua Fruchter, a founding partner of Wohl & Fruchter. “This includes whether the cash consideration and exchange ratio agreed upon are fair to Roku shareholders, and whether all material information regarding the transaction has been fully disclosed. We encourage Roku stockholders to contact us if they have any concerns.”
If you remain a Roku shareholder and have concerns about the fairness of the proposed merger, you may contact our firm to discuss your legal rights at no charge by completing and submitting the form below.