NEW YORK--(BUSINESS WIRE)--
Kirby McInerney LLP is investigating potential claims against the Board of Directors of Market Leader, Inc. (“Market Leader” or the “Company”) (LEDR) related to the proposed acquisition of the Company by Trulia, Inc. (“Trulia”) (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.
