Faruqi & Faruqi, LLP is Seeking More Cash for the Shareholders of Market
Leader, Inc. (LEDR)
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New
York City, is investigating the Board of Directors of Market Leader, Inc.
NEW YORK -- May 20, 2013
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national
securities firm headquartered in New York City, is investigating the Board of
Directors of Market Leader, Inc. (“Market Leader” or the “Company”) (NASDAQ:
LEDR) for potential breaches of fiduciary duties in connection with their
conduct related to the sale of the Company to Trulia, Inc. (NYSE: TRLA)
(“Trulia”) in a deal valued at approximately $355 million. Under the terms of
the proposed transaction, Market Leader’s stockholders will receive 0.1553
shares of Trulia common stock and $6.00 for each share of Market Leader common
stock they own, a total implied price of approximately $11.33 per share.
Request more information now by clicking here: www.faruqilaw.com/LEDR. There
is no cost or obligation to you.
The investigation focuses on whether Market Leader’s Board of Directors
breached their fiduciary duties to the Company’s stockholders by failing to
conduct an adequate and fair sales process prior to agreeing to this proposed
transaction, whether and by how much this proposed transaction undervalues the
Company to the detriment of Market Leader’s shareholders.
Faruqi & Faruqi, LLP is a national law firm which represents investors and
individuals in class action litigation. The firm is focused on providing
exemplary legal services in complex litigation in the areas of securities,
shareholder, antitrust and consumer litigation, throughout all phases of
litigation. The firm has an experienced trial team which has achieved
significant victories on behalf of the firm’s clients.
If you own common stock in Market Leader and wish to obtain additional
information and protect your investments free of charge, please visit us at
www.faruqilaw.com/LEDR or contact Juan E. Monteverde, Esq. either via e-mail
at firstname.lastname@example.org or by telephone at (877) 247-4292 or (212)
Attorney Advertising. (C) 2013 Faruqi & Faruqi, LLP. The law firm responsible
for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior
results do not guarantee or predict a similar outcome with respect to any
future matter. We are happy to discuss your particular case.
Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
Toll Free: 877-247-4292
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