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)--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.
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