Log in
Lost password
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Shares  >  Nasdaq  >  Tellabs, Inc.    TLAB

News SummaryMost relevantAll newsSector news 

Tellabs, Inc. : TELLABS SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Announces the Investigation of the Tellabs Inc. (TLAB) Board of Directors Over the Proposed Sale of the Company to Marlin Equity Partners in a Cash Deal

10/21/2013 | 12:18pm US/Eastern

Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Tellabs Inc.

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.


Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
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.

Faruqi & Faruqi, LLP
Juan E. Monteverde, Esq.
(877) 247-4292 or (212) 983-9330

© Business Wire 2013
React to this article
Latest news on TELLABS, INC.
09/28 True Leaf's Hemp-Based Pet Chews Find "TRUE LOVE" on Both Sides of the Border
09/17 True Leaf Launches Healthy Hemp Chews for Dogs
09/08 Pet Industry Sales Pro Brings Proven Track Record to True Leaf's Pet Product ..
08/12 True Leaf Secures Canada-Wide Distribution for New Hemp Chews for Pets
08/11 True Leaf Medicine Closes Private Placement
08/07 True Leaf Medicine International ltd. Offers $110,000 Non-Brokered Private Pl..
07/21 True Leaf Takes the Next StepToward a Medical Marijuana License
07/16 True Leaf Announces Hemp-Based Pet Chews on Target for Fall Launch
06/11 True Leaf to Reveal New Hemp-Based Pet Products in New York
05/27 True Leaf Pet Is a Hit at Chicago's Marijuana Business Conference Expo
Duration : Period :
Tellabs, Inc. Technical Analysis Chart | TLAB | US8796641004 | 4-Traders