NEW YORK, May 10, 2019 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Gardner Denver Holdings, Inc. ("Gardner Denver" or the "Company") (NYSE: GDI). A proposed merger would result in the spin-off of Ingersoll-Rand plc's ("Ingersoll-Rand") industrial segment into a wholly-owned subsidiary of Gardner Denver.
If you own Gardner Denver shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, please contact:
Joshua Rubin, Esq.
1500 Broadway, 16th Floor
New York, NY 10036
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WeissLaw is investigating whether Gardner Denver's Board acted to maximize shareholder value prior to entering into the agreement. Under the terms of the deal, current Ingersoll-Rand shareholders would own 50.1% of the combined company while Gardner Denver shareholders would own 49.9%.
Given these facts, WeissLaw is concentrating its investigation on whether Gardner Denver's Board conducted a fair process in agreeing to the proposed merger, whether the proposed merger undervalues the Company, and whether all material information related to the proposed merger is fully and fairly disclosed.
WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at email@example.com.
SOURCE WeissLaw LLP