MILWAUKEE--(BUSINESS WIRE)--Ademi LLP is investigating INSI (NYSE: INSI) for possible breaches of fiduciary duty and other violations of law in its transaction with KIO.
Click here to learn how to join our investigation or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
In the transaction, shareholders of INSI will receive shares of KIO and may elect to receive up to 5% of the consideration in cash. The transaction agreement unreasonably limits competing transactions for INSI by imposing a significant penalty if INSI accepts a competing bid. INSI insiders will receive substantial benefits as part of change of control arrangements.
We are investigating the conduct of INSI’s board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
If you own INSI common stock and wish to obtain additional information, please contact Guri Ademi either at gademi@ademilaw.com or toll-free: 866-264-3995, or here.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
