We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Echo Global Logistics, Inc. (“Echo Global” or the “Company”) (NASDAQ: ECHO) in connection with the proposed acquisition of the Company by funds managed by The Jordan Company, L.P.  Under the terms of the merger agreement, the Company’s shareholders will receive $48.25 per share in cash for each share of Echo Global common stock that they hold.  The transaction is valued at approximately $1.3 billion.

WeissLaw LLP is investigating whether (i) Echo Global’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the $48.25 per-share merger consideration adequately compensates Echo Global’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.  Notably, at least one analyst set a price target for the Company of $49.00 per share, $0.75 above the per-share merger consideration.