Law Firm Kirby McInerney LLP Investigating Potential Claims On Behalf Of Tellabs Inc. Stockholders
Kirby McInerney LLP is investigating potential claims against the Board of Directors of Tellabs Inc. (“Tellabs” or the “Company”) (NASDAQ:TLAB) concerning the proposed acquisition of the Company by Marlin Equity Partners (“Marlin”). Under the terms of the proposed transaction, Tellabs stockholders will receive $2.45 in cash for each share of Tellabs owned, valuing the transaction at approximately $891 million.
The investigation concerns whether the Tellabs Board of Directors violated its fiduciary duties by agreeing to this transaction and whether the proposed $2.45 per share consideration adequately values Tellabs’ common stock.
If you are a Tellabs stockholder and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at email@example.com, 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, stockholder, whistleblower, antitrust and consumer litigation. For additional information, please go to www.kmllp.com.
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