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Stock impact report

ITI Stock Alert: Halper Sadeh LLC is Investigating Whether the Sale of Iteris, Inc. is Fair to Shareholders

Iteris, Inc. (ITI) 
NASDAQ:AMEX Investor Relations: iterisinc.gcs-web.com/investor-relations
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Iteris, Inc. (NASDAQ: ITI) to Almaviva S.p.A. for $7.20 in cash per share is fair to Iteris shareholders.Halper Sadeh encourages Iteris shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.The investigation concerns whether Iteris and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Iteris shareholders; (2) determine whether Almaviva is underpaying for Iteris; and (3) disclose all material information necessary for Iteris shareholders to adequately assess and value the merger consideration.On behalf of Iteris shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, ad Show less Read more
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