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SUM Investors Have the Opportunity to Join Investigation of Summit Materials, Inc. with the Schall Law Firm

SUM Investors Have the Opportunity to Join Investigation of Summit Materials, Inc. with the Schall Law Firm

By AP News
Published - Nov 25, 2024, 09:54 AM ET
Last Updated - Nov 25, 2024, 09:54 AM EST

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.”

If you are a shareholder, click here to participate.

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.

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