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LOS ANGELES--(BUSINESS WIRE)--Nov 25, 2024--
The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Summit Materials, Inc. (“Summit” or “the Company”) (NYSE: SUM ) for potential breaches of fiduciary duty on the part of its directors and management.
The investigation focuses on determining if the Summit board breached its fiduciary duties to shareholders. Reuters reported on November 25, 2024, that “Summit Materials said on Monday rival Quikrete would acquire the company in a cash deal valued at $11.5 billion, in a move to capitalize on higher demand for building materials.”
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We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
View source version on businesswire.com:https://www.businesswire.com/news/home/20241125629434/en/
CONTACT: The Schall Law Firm
Brian Schall, Esq.
310-301-3335
info@schallfirm.com
www.schallfirm.com
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: CLASS ACTION LAWSUIT PROFESSIONAL SERVICES LEGAL
SOURCE: The Schall Law Firm
Copyright Business Wire 2024.
PUB: 11/25/2024 09:54 AM/DISC: 11/25/2024 09:54 AM
http://www.businesswire.com/news/home/20241125629434/en