SHAREHOLDER ALERT: Monteverde & Associates PC is Investigating Upcoming Layne Christensen Company Vote Set for June 13, 2018 - LAYN

PRNewswire 17-May-2018 5:26 PM

SHAREHOLDER ALERT: Monteverde & Associates PC is Investigating Upcoming Layne Christensen Company Vote Set for June 13, 2018 - LAYN

PR Newswire

NEW YORK, May 17, 2018 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is investigating Layne Christensen Company ("Layne" or the "Company") (NasdaqGS: LAYN) relating to the sale of the Company to a subsidiary of Granite Construction Incorporated (NYSE: GVA). As a result of the merger Layne shareholders are only anticipated to receive 0.27 shares of common stock in exchange for each share of Layne.

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The investigation focuses on whether Layne and its Board of Directors violated securities laws and/or breached their fiduciary duties to the Company's stockholders by 1) failing to conduct a fair process, 2) whether and by how much this proposed transaction undervalues the Company and 3) whether all material financial information has been disclosed regarding the tender offer set to expire on June 13, 2018.

Monteverde & Associates PC is a national class action securities and consumer litigation law firm that has recovered millions of dollars and is committed to protecting shareholders and consumers from corporate wrongdoing.  Monteverde & Associates lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions, whereby they protect investors by recovering money and remedying corporate misconduct. Mr. Monteverde, who leads the legal team at the firm, has been recognized by Super Lawyers as a Rising Star in Securities Litigation in 2013 and 2017, an award given to less than 2.5% of attorneys in a particular field.  He has also been selected by Martindale-Hubbell as a 2017 Top Rated Lawyer.

If you own common stock in Layne and wish to obtain additional information and protect your investments free of charge, please visit our website or contact Juan E. Monteverde, Esq. either via e-mail at or by telephone at (212) 971-1341.

Juan E. Monteverde, Esq.
The Empire State Building
350 Fifth Ave. Suite 4405
New York, NY 10118
United States of America
Tel: (212) 971-1341

Attorney Advertising. (C) 2018 Monteverde & Associates PC.  The law firm responsible for this advertisement is Monteverde & Associates PC (  Prior results do not guarantee a similar outcome with respect to any future matter.

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SOURCE Monteverde & Associates PC

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