The Law Office of Joseph Klein is Investigating into the Possible Breaches of Fiduciary Duty by the Board of American Commercial Lines Inc. in Connection with the Sale of the Company to an Affiliate of Platinum Equity – ACLI

The Law Office of Joseph Klein is investigating the Board of Directors of American Commercial Lines Inc. (NasdaqGS: ACLI) for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to an affiliate of Platinum Equity for approximately $777 million. Under the terms of the transaction, ACLI stockholders, other than GVI Holdings, Inc. and certain of its affiliates, will receive $33.00 in cash for each share of ACLI common stock they hold. GVI will receive $31.25 in cash for each share of ACLI common stock it holds if the transaction closes before December 31, 2010 and $33.00 per share thereafter.

The investigation concerns whether the ACLI Board of Directors breached their fiduciary duties to ACLI stockholders by failing to adequately shop the Company before entering into this transaction and whether Platinum Equity is underpaying for ACLI shares. ACLI stock has traded as high as $33.40 per share as recently as October 13, 2010.

If you own common stock in ACLI and wish to obtain additional information, please contact Joseph Klein, Esq. directly, via email at jk@jkleinlawfirm.com, by telephone at 718-947-0005, Toll Free: 877-STOK-180, or visit http://www.jkleinlawfirm.com/acl-acli.html.

Joseph Klein, Esq. is an experienced attorney and has also practiced as a Certified Public Accountant. Mr. Klein represents investors and participates in securities litigations involving financial fraud throughout the nation.

Contacts:

The Law Office of Joseph Klein
Joseph Klein, Esq.
Telephone: 718-947-0005
Fax: 718-799-1443
Toll Free: 877-STOK-180 (877-786-5180)
jk@jkleinlawfirm.com
www.jkleinlawfirm.com

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