The plaintiff claims that the company included as revenue certain pending change orders where client acceptance had not been finalized and that certain directors also breached their fiduciary duty by failing to establish adequate internal controls to detect or prevent misstatements in its financial statements. If you purchased Great Lakes Dredge & Dock Corporation (GLDD) shares in 2011 or earlier and currently hold any of those shares, you have certain options and you should contact the Shareholders Foundation, Inc. announces that an investor in shares of Great Lakes Dredge & Dock Corporation (GLDD) filed a lawsuit against certain directors over alleged breaches of fiduciary duties owed to the Company and its shareholders by making allegedly false and misleading statements and allegedly failing to disclose that the Company had recognized revenue in a manner inconsistent with its own account policy.
SAN DIEGO, Ap(GLOBE NEWSWIRE) - The Shareholders Foundation, Inc.
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