SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation into Possible
Breaches of Fiduciary Duty by the Board of Market Leader, Inc. in Connection
with the Sale of the Company to Trulia, Inc.
NEW YORK, May 10, 2013
NEW YORK, May 10, 2013 /PRNewswire/ --Levi & Korsinsky is investigating the
Board of Directors of Market Leader, Inc. ("Market Leader" or the "Company")
(NasdaqGS: LEDR) for possible breaches of fiduciary duty and other violations
of state law in connection with the sale of the Company to Trulia, Inc.
("Trulia") (NYSE: TRLA).
(Logo: http://photos.prnewswire.com/prnh/20120409/MM84375LOGO )
Click here to learn more about the investigation
http://zlk.9nl.com/market-leader-ledr/, or call: 877-363-5972. There is no
cost or obligation to you.
Under the terms of the transaction, Market Leader shareholders will receive
$6.00 in cash and 0.1553 shares of Trulia common stock for each share of
Market Leader stock they own, representing an approximate value of $11.33 per
share. The investigation concerns whether the Market Leader Board of Directors
breached their fiduciary duties to stockholders by failing to adequately shop
the Company before agreeing to enter into the transaction, and whether Trulia
is underpaying for Market Leader stock, thus unlawfully harming Market Leader
If you own common stock in Market Leader and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email at
email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or
Levi & Korsinsky is a national firm with offices in New York, New Jersey 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. The attorneys at Levi &
Korsinsky have been appointed by numerous courts throughout the country to
serve as lead counsel on behalf of shareholders in major securities lawsuits
and have successfully recovered multimillion-dollar damages awards on behalf
of investors. For more information, please feel free to contact any of the
attorneys listed below. Attorney advertising. Prior results do not guarantee
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
SOURCE Levi & Korsinsky, LLP
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