Shareholder Alert: The Ademi Firm investigates whether Great Lakes Dredge & Dock Corporation is obtaining a Fair Price for its Public Shareholders

Group 1 - Ademi LLP is investigating Great Lakes Dredge & Dock Corporation for potential breaches of fiduciary duty and other legal violations related to its transaction with Saltchuk Resources [1] - In the transaction, Great Lakes stockholders are set to receive $17.00 per share, amounting to approximately $1.2 billion in aggregate equity value and a total transaction value of $1.5 billion [1] - The transaction agreement imposes significant penalties on Great Lakes for accepting competing bids, which raises concerns about the board's fulfillment of fiduciary duties to all shareholders [1]