Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Market Leader, Inc. Shareholders
May 14 2013 - 1:47PM
Business Wire
Kirby McInerney LLP is investigating potential claims against
the Board of Directors of Market Leader, Inc. (“Market Leader” or
the “Company”) (NASDAQ: LEDR) related to the proposed acquisition
of the Company by Trulia, Inc. (“Trulia”) (NYSE: TRLA). Under the
terms of the proposal, Trulia will purchase all of the outstanding
common stock of Market Leader for $11.33 per share in cash, for a
total transaction value of approximately $355 million. The
investigation concerns whether the Market Leader Board of Directors
violated its fiduciary duties by agreeing to this transaction and
whether the proposed $11.33 per share consideration adequately
values Market Leader common shares.
If you are a Market Leader shareholder and wish to obtain
additional information, please contact J. Brandon Walker, Esq.
by email at bwalker@kmllp.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, shareholder, whistleblower, antitrust and consumer
litigation. For additional information, please go to
www.kmllp.com.
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