MILWAUKEE, Aug. 28, 2019 /PRNewswire/ -- Ademi &
O'Reilly, LLP is investigating EEI (Nasdaq: EEI) for possible
breaches of fiduciary duty and other violations of the law in
connection with the sale of EEI to WSP.
Click here to learn how to join the action:
http://ademilaw.com/case/ecology-and-environment-inc or call
Guri Ademi toll-free at
866-264-3995. There is no cost or obligation to you.
Ademi & O'Reilly, LLP alleges EEI's financial outlook is
improving and yet shareholders will receive only $15.00 in cash, and a special dividend of up to
$0.50, for each share of Class A and
Class B common stock they own. WSP is acquiring EEI at a
substantial discount. The merger agreement unreasonably
limits competing bids for EEI by prohibiting solicitation of
further bids, and imposing a termination penalty if EEI accepts a
superior bid. EEI insiders will receive millions of dollars
as part of change of control arrangements. We are
investigating the conduct of EEI's board of directors, and
whether they are (i) fulfilling their fiduciary duties to all
shareholders, and (ii) obtaining a fair and reasonable price for
EEI.
If you own common stock in EEI and wish to obtain additional
information, please contact Guri
Ademi either at gademi@ademilaw.com or toll-free:
866-264-3995, or
http://ademilaw.com/case/ecology-and-environment-inc.
We specialize in shareholder litigation involving buyouts,
mergers, and individual shareholder rights throughout the country.
For more information, please feel free to call us. Attorney
advertising. Prior results do not guarantee similar outcomes.
Contacts
Ademi & O'Reilly, LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
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SOURCE Ademi & O'Reilly, LLP
