Rogers Corporation

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Ademi LLP is investigating DuPont (NYSE: ROG), for possible breaches of fiduciary duty and other violations of law in its transaction with DuPont.

Ademi LLP alleges DuPont’s financial outlook and prospects are excellent and yet DuPont shareholders will receive only $277 per share. The merger agreement unreasonably limits competing bids for DuPont by prohibiting solicitation of further bids, and imposing a significant penalty if DuPont accepts a superior bid. DuPont insiders will receive substantial benefits as part of change of control arrangements.