Faruqi & Faruqi, LLP Announces Investigation of X-Rite, Incorporated

Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of X-Rite Incorporated (“X-Rite” or the “Company”) (NASDAQ: XRIT) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Danaher Corp. (NYSE: DHR) in an all-cash transaction valued at about $625 million. Under the terms of the proposed transaction, X-Rite shareholders will receive $5.55 in cash per each share of X-Rite common stock they own. The proposed transaction is structured as a tender offer and may be effectuated without a shareholder vote.

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Whether X-Rite’s Board of Directors breached their fiduciary duties to the Company’s stockholders by failing to conduct an adequate and fair sales process prior to agreeing to this proposed transaction, whether the proposed transaction undervalues X-Rite’s shares and by how much this proposed transaction undervalues the Company to the detriment of X-Rite shareholders are the key focus of this investigation.

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm’s clients.

If you own common stock in X-Rite and wish to obtain additional information and protect your investment free of charge, please visit us at www.faruqilaw.com/XRIT or contact Juan E. Monteverde, Esq. either via e-mail at [e-mail] or by telephone at [phone] or [phone].

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