Echo Global Logistics, Inc.

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Ademi LLP is investigating Echo Global (Nasdaq: ECHO), for possible breaches of fiduciary duty and other violations of law in its transaction with Jordan Company.

Ademi LLP alleges Echo Global’s financial outlook and prospects are excellent and yet Echo Global shareholders will receive only $48.25 for each common share of Echo Global, or approximately $1.3 billion. The merger agreement unreasonably limits competing bids for Echo Global by prohibiting solicitation of further bids, and imposing a substantial penalty if Echo Global accepts a superior bid. Echo Global insiders will receive millions of dollars as part of change of control arrangements. We are investigating the conduct of Echo Global’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 Echo Global.