Halper Sadeh LLC Investigates Potential Violations for FLIC, ITI, AG, and FRZA

Investigation of Companies by Halper Sadeh LLC

Halper Sadeh LLC, a well-known law firm dedicated to protecting investor rights, is delving into potential securities law violations involving several companies. The firm seeks to uncover any breaches of fiduciary duties to shareholders. This investigation pertains specifically to The First of Long Island Corporation, Iteris, Inc., First Majestic Silver Corp., and Forza X1, Inc.

The First of Long Island Corporation (NASDAQ: FLIC)

In the context of merging with ConnectOne Bancorp, Inc., The First of Long Island Corporation has engaged in a deal that proposes 0.5175 shares of ConnectOne common stock for every share of Long Island common stock. This proposed transaction raises questions about whether shareholders are receiving fair compensation. If you own shares in Long Island, it is essential to understand your rights in this situation.

Iteris, Inc. (NASDAQ: ITI)

Additionally, Iteris, Inc. is undergoing a sale to Almaviva S.p.A., which offers $7.20 in cash for each share. This significant value exchange makes it crucial for Iteris shareholders to consider if the sale presents a fair opportunity or if additional action may be necessary to protect their investments.

First Majestic Silver Corp. (NYSE: AG)

Meanwhile, First Majestic Silver Corp. is merging with Gatos Silver, Inc. Shareholders should be vigilant as major mergers often lead to shifts in company dynamics and shareholder value. Understanding your rights and the implications of this merger is vital.

Forza X1, Inc. (NASDAQ: FRZA)

Forza X1 is proposing a sale to Twin Vee PowerCats Co., where existing Forza shareholders would reportedly hold about 36% of the combined entity after the closing of the deal. It’s important to evaluate if this ownership stake adequately reflects the value of your investment in Forza.

Halper Sadeh LLC's Role

As an involved party in these investigations, Halper Sadeh LLC aims to enhance shareholder value. The firm is committed to seeking increased consideration for investors, alongside fulfilling requests for additional disclosures about the proposed transactions. Their efforts may also lead to other forms of relief and benefits on behalf of concerned shareholders.

Getting Legal Help

It is crucial for impacted shareholders to reach out to Halper Sadeh LLC to discuss their legal options at no cost. The firm operates on a contingent fee basis, which means that clients won’t incur out-of-pocket expenses for legal fees unless they achieve a favorable outcome.

Contacting Halper Sadeh LLC

To learn about your legal rights regarding these issues, you can contact Halper Sadeh LLC at (212) 763-0060. Moreover, for those who prefer written communication, Daniel Sadeh and Zachary Halper are available through email. They are committed to providing free consultations for investors.

Halper Sadeh LLC's Commitment

Halper Sadeh LLC effectively represents investors globally, striving to combat securities fraud and corporate misbehavior. Their team of seasoned attorneys passionately works on behalf of defrauded investors to obtain justice and recovery of losses.

Frequently Asked Questions

What is Halper Sadeh LLC investigating?

Halper Sadeh LLC is investigating The First of Long Island Corporation, Iteris, Inc., First Majestic Silver Corp., and Forza X1, Inc. for potential securities law violations.

How can shareholders get involved?

Shareholders can contact Halper Sadeh LLC for free consultations to discuss their legal rights and options related to the transactions.

What is the significance of the investigations?

The investigations aim to ensure that shareholders receive fair compensation and are informed regarding the mergers and sales of the companies involved.

Are there any costs associated with contacting Halper Sadeh LLC?

No, Halper Sadeh LLC offers free consultations, and clients do not have to pay out of pocket for legal fees unless they win their case.

What types of assistance does Halper Sadeh LLC provide?

The firm assists in seeking increased compensation, additional disclosures about transactions, and other benefits for shareholders.

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