Levi & Korsinsky is investigating the Board of Directors of Tellabs Inc.
(“Tellabs” or the “Company”) (NasdaqGS:TLAB) for possible breaches of
fiduciary duty and other violations of state law in connection with the
sale of the Company to Marlin Equity Partners.
Click here to learn more about the investigation http://zlk.9nl.com/tellabsinc-tlab/,
or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Tellabs shareholders will receive
$2.45 for each share of Tellabs stock they own. The investigation
concerns whether the Tellabs Board of Directors breached their fiduciary
duties to stockholders by failing to adequately shop the Company before
agreeing to enter into this transaction, and whether Marlin Equity
Partners is underpaying for Tellabs shares. In particular, Tellabs has a
reported Book Value of $2.81 per share.
If you own Tellabs common stock and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com
or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/tellabsinc-tlab/.
Levi & Korsinsky is a national firm with offices in New York, New
Jersey, Connecticut and Washington D.C. The firm has extensive expertise
in prosecuting securities litigation involving financial fraud,
representing investors throughout the nation in securities and
shareholder lawsuits. For more information, please feel free to contact
any of the attorneys listed below. Attorney advertising. Prior results
do not guarantee similar outcomes.
Copyright Business Wire 2013