San Diego, CA -- (SBWIRE) -- 11/10/2015 -- An investigation on behalf of shareholders in NASDAQ:GLDD shares over potential securities laws violations by Great Lakes Dredge & Dock and certain of its directors and officers in connection certain financial statements was announced.

Investors who purchased shares of Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) concerning whether a series of statements by Great Lakes Dredge & Dock regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Great Lakes Dredge & Dock Corporation reported that its annual Total Revenue rose from $731.42 million in 2013 to $806.83 million in 2014 and that its Net Loss of $34.36 million in 2013 turned into a Net Income of $10.29 million in 2014.

Shares of Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD

On October 14, 2015, Great Lakes Dredge & Dock Corporation announced that Senior Vice President, Chief Legal Officer and Corporate Secretary Maryann A. Waryjas, is resigning effective November 10, 2015.

On October 16, 2015, Great Lakes Dredge & Dock Corporation announced that it has "initiated a process to review potential strategic alternatives to enhance stockholder value" and that it would withdraw its previously announced Adjusted EBITDA guidance for the year ending December 31, 2015. Great Lakes Dredge & Dock Corporation also announced that its Chief Executive Officer ('CEO') and director Jonathan W. Berger announced his intention to retire, effective in 2017, and that on October 13, 2015, both Nathan D. Leight, director and Chairman of the Board, and Denise E. Dickins, director and Chair of the Audit Committee, tendered their resignations effective immediately.

Shares of Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) declined to as low as $3.78 per share on October 19, 2015.

On November 9, 2015, NASDAQ:GLDD shares closed at $4.13 per share.

Those who purchased shares of Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com