NEW YORK, Oct. 21, 2013 /PRNewswire/ -- 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.
(Logo: http://photos.prnewswire.com/prnh/20120409/MM84375LOGO
)
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.
CONTACT:
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
SOURCE Levi & Korsinsky, LLP