U.S. Concrete, Inc.

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Ademi LLP is investigating U.S. Concrete (Nasdaq: USCR) for possible breaches of fiduciary duty and other violations of law in its transaction with Vulcan Materials.

Ademi LLP alleges U.S. Concrete’s financial outlook is excellent and yet U.S. Concrete shareholders will receive only $74.00 per share in cash, which represents a total equity value of $1.294 billion.  The merger agreement unreasonably limits competing bids for U.S. Concrete by prohibiting solicitation of further bids, and imposing a termination penalty if U.S. Concrete accepts a superior bid. U.S. Concrete insiders will receive millions of dollars as part of change of control arrangements. We are investigating the conduct of U.S. Concrete’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 U.S. Concrete.