SHAREHOLDER ALERT: Law Office of Brodsky & Smith, LLC Announces Investigation of Market Leader, Inc.
May 13 2013 - 6:00AM
Business Wire
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
Market Leader, Inc. (“Market Leader” or the “Company”) (Nasdaq:
LEDR) relating to the proposed acquisition by Trulia, Inc.
(“Trulia”).
Click here to learn more about the investigation
http://brodsky-smith.com/583-ledr-market-leader-inc.html, or call
877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Market Leader shareholders
will receive only $6.00 in cash and 0.1553 shares of Trulia common
stock for each share of Market Leader they own. The investigation
concerns possible breaches of fiduciary duty and other violations
of state law by the Board of Directors of Market Leader for not
acting in the Company’s shareholders' best interests in connection
with the sale process. The offer may undervalue the Company as
Market Leader has seen substantial growth and an analyst set a
price target at $11.00 per share for Market Leader stock.
If you own shares of Market Leader and wish to discuss the legal
ramifications of the proposed transaction, or have any questions,
you may e-mail or call the law office of Brodsky & Smith, LLC
who will, without obligation or cost to you, attempt to answer your
questions. You may contact Jason L. Brodsky, Esquire or Evan J.
Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite
602, Bala Cynwyd, PA 19004, by e-mail at
investorrelations@brodsky-smith.com, by visiting
http://brodsky-smith.com/583-ledr-market-leader-inc.html, or
calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive
expertise representing shareholders throughout the nation in
securities and case action lawsuits. The attorneys at Brodsky &
Smith have been appointed by numerous courts throughout the country
to serve as lead counsel in class actions and successfully
recovered millions of dollars for our clients and shareholders.
Attorney advertising. Prior results do not guarantee a similar
outcome.
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