Echo Global Logistics, Inc.
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ECHO MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF ECHO GLOBAL LOGISTICS, INC. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – ECHO
September 10, 2021.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Echo Global Logistics, Inc. (NASDAQ: ECHO) to funds managed by The Jordan Company, L.P. (“TJC”) for $48.25 per share in cash is fair to Echo shareholders.
The investigation concerns whether Echo and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Echo shareholders; (2) determine whether TJC is underpaying for Echo; and (3) disclose all material information necessary for Echo shareholders to adequately assess and value the merger consideration. On behalf of Echo shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
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