KBAL STOCK ALERT: HALPER SADEH LLC IS INVESTIGATING WHETHER THE SALE OF KIMBALL INTERNATIONAL, INC. IS FAIR TO SHAREHOLDERS

March 8, 2023.

New York, New York—Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Kimball International, Inc. (NASDAQ: KBAL) to HNI Corporation for $9.00 in cash and 0.1301 shares of HNI common stock for each share of Kimball common stock is fair to Kimball shareholders.

The investigation concerns whether Kimball and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Kimball shareholders; (2) determine whether HNI is underpaying for Kimball; and (3) disclose all material information necessary for Kimball shareholders to adequately assess and value the merger consideration. On behalf of Kimball shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.

Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

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