INVESTIGATION ALERT: Scott+Scott Attorneys at Law LLP Investigates Blackstone Inc.’s Directors and Officers for Breach of Fiduciary Duties – BX

NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether certain directors and officers of Blackstone Inc. (“Blackstone” or “Company”) (NYSE: BX) breached their fiduciary duties to Blackstone and its shareholders. If you are a Blackstone shareholder, you may contact attorney Joe Pettigrew for additional information toll-free at 844-818-6982, or [e-mail].

Scott+Scott is investigating whether members of Blackstone’s board of directors or senior management failed to manage Blackstone in an acceptable manner, in breach of their fiduciary duties to Blackstone, and whether Blackstone and its shareholders suffered damages as a result.

On November 9, 2022, the U.S. Department of Labor (“DOL”) filed a lawsuit against Blackstone subsidiary Packers Sanitation Services, Inc. (“PSSI”), alleging massive child labor violations at the Company. On February 17, 2023, PSSI entered into a consent order and judgment with the DOL, paying $1.5 million in penalties, which was described as the maximum civil penalty allowed by the law.

What You Can Do

If you are a Blackstone shareholder, you may have legal claims against Blackstone’s directors and officers. If you wish to discuss this investigation, or have questions about this notice or your legal rights, please contact attorney Joe Pettigrew toll-free at 844-818-6982 or [e-mail].

About Scott+Scott

Scott+Scott has significant experience in prosecuting major securities, antitrust, and consumer rights actions throughout the United States. The firm represents pension funds, foundations, individuals, and other entities worldwide with offices in New York, London, Amsterdam, Connecticut, California, and Ohio.

Attorney Advertising