Lawsuit Overview
April 21, 2016 (Shareholders Foundation) - An investor who currently holds shares of ITC Holdings Corp. (NYSE:ITC), filed a lawsuit in effort to halt the proposed takeover of ITC Holdings Corp. by Fortis Inc for a value of approximately $53.69 per share. The plaintiff alleges that the defendants breached their fiduciary duties owed to NYSE:ITC stockholders by agreeing to sell ITC Hol...
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