Shareholder Derivative Investigation

Construction Partners, Inc. NASDAQ: ROAD

Henzel Law is investigating whether the directors and officers of Construction Partners, Inc. breached their fiduciary duties to the Company in connection with transactions involving related parties, and is seeking long-term shareholders who still hold their stock.

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Status
Investigating — no lawsuit filed
Estimated investigation period
January 1, 2024 to the present
Ticker
NASDAQ: ROAD
Seeking
Long-term shareholders who still hold

What we’re investigating

Henzel Law is investigating potential claims on behalf of Construction Partners, Inc. (“Construction Partners” or the “Company”) (NASDAQ: ROAD), relating to whether the Company’s directors and officers breached their fiduciary duties in connection with transactions involving related parties. No lawsuit has been filed yet, no deadline is currently running, and no court has ruled on the merits of any matter described on this page.

The firm is particularly interested in hearing from long-term shareholders who acquired Construction Partners stock in or before 2024 and continue to hold their shares today.

What the filings show

Construction Partners’ proxy statement filed in January 2025 discloses continuing transactions involving current and former directors, members of management, and significant shareholders. The proxy also states that certain of those transactions were negotiated among affiliated entities and were not necessarily the result of arm’s-length negotiations.

What the investigation is examining

That acknowledgment is a starting point rather than a conclusion. Related-party transactions are lawful and common, and companies disclose them precisely because the rules require it. The questions this investigation is examining are who the counterparties were, how much the Company paid or received, whether the terms were commercially reasonable to the Company, what approval process applied, and whether the directors who approved the transactions were independent of them.

Why we are seeking long-term shareholders

Claims of this kind are brought on behalf of the Company itself rather than on behalf of individual investors. They generally require a shareholder who owned stock at the time of the conduct at issue and who has continued to own it since. That is why Henzel Law is seeking long-term Construction Partners shareholders.

Who this may affect

You may be able to help, and may have rights worth reviewing, if you are a current shareholder who acquired Construction Partners, Inc. common stock in or before 2024 and still holds those shares today, or a former employee, officer or other individual with knowledge of the matters described above.

There is no cost or obligation to contact Henzel Law about this investigation. The estimated period stated above is the firm’s own preliminary estimate based on publicly available information; it has not been established by any court and may change as the investigation develops. Nothing on this page is an assertion that any Construction Partners officer, director or employee has been found to have violated any law.

Free Case Evaluation

Tell us about your Construction Partners (ROAD) holdings. If you do not know every detail, send what you have. If you still hold your shares, please say so — long-term holders are essential to this investigation.

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