San Diego, CA -- (SBWIRE) -- 09/23/2016 -- Certain directors of Iteris Inc are under investigation over potential wrongdoing. The investigation was announced on behalf of current long-term investors in shares of Iteris Inc (NASDAQ:ITI) over potential breaches of fiduciary duties by certain directors at Iteris Inc.

Investors who purchased shares of Iteris Inc (NASDAQ:ITI) and currently hold any of those NASDAQ:ITI shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm concerns whether certain Iteris Inc directors breached their fiduciary duties and caused damage to the company and its shareholders.

Iteris Inc reported that its Total Revenue rose from $72.25 million for the 12 months period that ended on March 31, 2015 to $77.75 million for the 12 months period that ended on March 31, 2016 while its Net Loss for those respective time periods increased from $1.28 million to $12.54 million.

Shares of Iteris Inc (NASDAQ:ITI) closed on September 22, 2016 at $3.80 per share.

Those who purchased shares of Iteris Inc have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com