We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Infrastructure and Energy Alternatives, Inc. (“IEA” or the “Company”) (NASDAQ: IEA), in connection with the proposed acquisition of the Company by MasTec, Inc. (“MasTec”) (NYSE: MTZ).  Under the terms of the merger agreement, the Company’s shareholders will receive $14.00 per share in cash and 0.0483 shares of MasTec common stock for each IEA share owned, representing implied per-share merger consideration of approximately $49.03 based upon MasTec’s July 22, 2022 closing price of $72.52.

Weiss Law is investigating whether (i) IEA’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the per-share merger consideration adequately compensates IEA’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.