in

SHAREHOLDER ALERT: WeissLaw LLP Investigates Echo Global Logistics, Inc.

NEW YORK, Sept. 10, 2021 /PRNewswire/ — WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Echo Global Logistics, Inc. (“Echo Global” or the “Company”) (NASDAQ: ECHO) in connection with the proposed acquisition of the Company by funds managed by The Jordan Company, L.P.  Under the terms of the merger agreement, the Company’s shareholders will receive $48.25 per share in cash for each share of Echo Global common stock that they hold.  The transaction is valued at approximately $1.3 billion.


WeissLaw LLP (PRNewsfoto/WeissLaw LLP)

If you own Echo Global shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:

https://www.weisslaw.co/news-and-cases/echo-global-logistics-inc-investigation

Or please contact:

Joshua Rubin, Esq.
WeissLaw LLP
1500 Broadway, 16th Floor
New York, NY  10036
(212) 682-3025

(888) 593-4771
[email protected]

WeissLaw LLP is investigating whether (i) Echo Global’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the $48.25 per-share merger consideration adequately compensates Echo Global’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.  Notably, at least one analyst set a price target for the Company of $49.00 per share, $0.75 above the per-share merger consideration.

WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties.  We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases.  If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at [email protected]

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/shareholder-alert-weisslaw-llp-investigates-echo-global-logistics-inc-301373588.html

SOURCE WeissLaw LLP

Written by Tenner Smith

Tenner Smith - I have experience in financial intelligence and automated intelligence. In industry I have worked on artificial intelligence and machine learning. Tenner Smith is a reporter at DF media.

NASA Awards Launch Services Contract for GOES-U Mission

INVESTIGATION: Halper Sadeh LLP Investigates HRC, JMP, KDMN, BCML, XONE; Shareholders are Encouraged to Contact the Firm