Kirby McInerney LLP is investigating potential claims against the Board of Directors of LEAP Wireless International, Inc. (“LEAP” or the “Company”) (NASDAQ: LEAP) related to the proposed acquisition of the Company by AT&T Inc. (“AT&T”) (NYSE: T). Under the terms of the transaction, AT&T will purchase all of the outstanding common stock of LEAP for $15.00 per share in cash, for a total transaction value of approximately $1.2 billion. The investigation concerns whether the LEAP Board of Directors violated its fiduciary duties by agreeing to this transaction and whether the proposed $15.00 per share consideration adequately values LEAP common shares.
If you are a LEAP shareholder and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at firstname.lastname@example.org, by telephone at (212) 699-1145 or (888) 529-4787, or by filling out this contact form.
Kirby McInerney LLP is a New York-based law firm concentrating in securities, shareholder, whistleblower, antitrust and consumer litigation. For additional information, please go to www.kmllp.com.