Great Lakes Dredge & Dock (US:GLDD) Globenewswire·2026-02-11 14:57Core Viewpoint - The law firm Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Great Lakes Dredge & Dock (GLDD) for $17.00 per share to Saltchuk Resources, which is below the $20.00 per share price target set by J.P. Morgan [1] Group 1 - The proposed sale price of $17.00 per share is lower than the price target of $20.00 per share established by J.P. Morgan on January 22, 2026 [1] - Several investors have expressed disappointment regarding the sale on SeekingAlpha [1] - Wohl & Fruchter LLP is assessing whether the GLDD board acted in the best interests of shareholders and if the sale price is fair [3] Group 2 - The investigation will also consider whether all material information about the transaction has been disclosed, including any potential conflicts of interest [3] - Wohl & Fruchter LLP has a history of representing investors in litigation related to corporate misconduct and has recovered hundreds of millions of dollars for investors [3]