ITERIS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Iteris, Inc. - ITI

NEW ORLEANS--(BUSINESS WIRE)--Sep 26, 2024--

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Iteris, Inc. (NasdaqCM: ITI) to Almaviva S.p.A. Under the terms of the proposed transaction, shareholders of Iteris will receive $7.20 in cash for each share of Iteris that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ( lewis.kahn@ksfcounsel.com ) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqcm-iti/ to learn more.

To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

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CONTACT: Kahn Swick & Foti, LLC

Lewis S. Kahn

KSF Managing Partner

lewis.kahn@ksfcounsel.com

855-768-1857

1100 Poydras St., Suite 960

New Orleans, LA 70163

KEYWORD: LOUISIANA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: LEGAL PROFESSIONAL SERVICES

SOURCE: Kahn Swick & Foti, LLC

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