Investigation of Layne Christensen Company
Shareholder Alert: Robbins LLP is Investigating the Acquisition of Layne Christensen Company (LAYN) on behalf of Shareholders
September 10, 2019 (San Diego, CA & The Woodlands, TX) – Shareholder rights attorneys at Robbins LLP are investigating whether certain officers and directors of Layne Christensen Company (NASDAQ: LAYN) breached their fiduciary duties to shareholders in the June 2018 acquisition of Layne Christensen by Granite Construction Incorporated (NYSE: GVA). Under the terms of the agreement, Layne Christensen shareholders received 0.270 Granite shares for each share of Layne Christensen common stock, or a value of $17.00 per Layne Christensen share. Layne Christenson is a global water management, infrastructure services, and drilling company.
Former Layne Christensen Company (LAYN) Shareholders Who Received Granite Construction Incorporated (GVA) shares in the Merger Have Legal Options
Concerned shareholders who would like more information about their rights and potential remedies can send us a message via the Shareholder Information form below.