Kaskela Law LLC Announces Stockholder Investigation into Acquisition of Echo Global Logistics, Inc. - ECHO

·1 min read

Philadelphia, Pennsylvania--(Newsfile Corp. - September 25, 2021) - Kaskela Law LLC announces that it is investigating Echo Global Logistics, Inc. ("Echo") (NASDAQ: ECHO) on behalf of the company's shareholders.

On September 10, 2021, Echo announced that it had entered into an agreement to be acquired by funds managed by private equity firm The Jordan Company, LP ("Jordan") at a price of $48.25 per share in cash. Following the closing of the proposed transaction, Echo will become a private company and its shares will no longer be publicly traded.

The investigation seeks to determine whether Echo shareholders are expected to receive adequate consideration for their shares, and if Echo's officers and/or directors violated the securities laws or breached their fiduciary duties in connection with the sale of Echo to Jordan.

Echo shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (888) 715 - 1740, or via email at skaskela@kaskelalaw.com, to discuss this investigation and their legal rights and options. Additional information may also be found at https://kaskelalaw.com/cases/echo-global-logistics-inc/.

Kaskela Law LLC represents investors in securities fraud, corporate governance, and merger & acquisition litigation. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com. This notice may constitute attorney advertising in certain jurisdictions.

CONTACT:
D. Seamus Kaskela, Esq.

KASKELA LAW LLC
18 Campus Boulevard, Suite 100
Newtown Square, PA 19073
(484) 258 - 1585
(888) 715 - 1740
www.kaskelalaw.com
skaskela@kaskelalaw.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/97645

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