LOS ANGELES, CA / ACCESSWIRE / November 27, 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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CONTACT:
The Schall Law Firm
Brian Schall, Esq.
310-301-3335
[email protected]
www.schallfirm.com
SOURCE: The Schall Law Firm