NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong are investigating the Board of Directors of Layne Christensen Company (NASDAQ: LAYN) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Granite Construction Inc. (NYSE: GVA). Under the terms of the deal, Layne Christensen shareholders will receive 0.270 shares of Granite for each share of Layne Christensen stock they own.
The investigation concerns whether the Layne Christensen Board of Directors breached their fiduciary duties to Layne Christensen stockholders by failing to adequately shop the Company before entering into this transaction and whether Granite is underpaying for Layne Christensen shares, thus unlawfully harming Layne Christensen stockholders.
If you own common stock in Layne Christensen and wish to obtain additional information, please contact Vincent Wong, Esq. either via email email@example.com, by telephone at 212.425.1140, or http://docs.wongesq.com/LAYN-Info-Request-Form-1828.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.