Juan
E. Monteverde, a partner at Faruqi
& Faruqi, LLP, a leading national securities firm headquartered
in New York City, is investigating the Board of Directors of Tellabs
Inc. (“Tellabs” or the “Company”) (NasdaqGS: TLAB) for potential
breaches of fiduciary duties in connection with their conduct related to
the sale of the Company to Marlin Equity Partners in a cash deal valued
at approximately $891 million. Under the terms of the proposed
transaction, Tellabs’ stockholders will receive $2.45 for each share of
Tellabs common stock they own. However, Tellabs has a book value in
excess of the offering price, at $2.81 per share.
Request more information now by clicking here: www.faruqilaw.com/TLAB.
There is no cost or obligation to you.
The investigation focuses on whether Tellabs’ 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 and by how much this proposed transaction
undervalues the Company to the detriment of Tellabs’ shareholders.
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 Tellabs and wish to obtain additional
information and protect your investments free of charge, please visit us
at www.faruqilaw.com/TLAB
or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com
or by telephone at (877) 247-4292 or (212) 983-9330.
Contact:
Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New
York, NY 10017
Attn: Juan E. Monteverde, Esq.
jmonteverde@faruqilaw.com
Toll
Free: (877) 247-4292
Phone: (212) 983-9330
Attorney Advertising. (C) 2013 Faruqi & Faruqi, LLP. The law firm
responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com).
Prior results do not guarantee or predict a similar outcome with respect
to any future matter. We are happy to discuss your particular case.
![](http://cts.businesswire.com/ct/CT?id=bwnews&sty=20131021006181r1&sid=ntxv4&distro=nx)
Copyright Business Wire 2013