MILWAUKEE, June 27, 2024 /PRNewswire/ -- Ademi LLP is investigating GRIID (Nasdaq: GRDI) for possible breaches of fiduciary duty and other violations of law in its transaction with CleanSpark.
The transaction agreement unreasonably limits competing transactions for GRIID by imposing a significant penalty if GRIID accepts a competing bid. GRIID insiders will receive substantial benefits as part of change of control arrangements.
We are investigating the conduct of GRIID's board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
If you own GRIID common stock and wish to obtain additional information, please contact Guri Ademi either at [email protected] or toll-free: 866-264-3995, or
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
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Ademi LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
SOURCE Ademi LLP