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summaryiconThe Young Law Firm announces that it is investigating potential claims against the Board of Directors of Tellabs (“Tellabs” or the “Company”) related to the proposed acquisition of the Company by entities affiliated with Marlin Equity Partners. Under the terms of the transaction, shareholders will receive $2.45 per share in cash.

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This investigation concerns whether the Board of Directors of Tellabs breached their fiduciary duties by failing to maximize value to shareholders in the sale of the Company including whether the Board failed to adequately shop the Company before agreeing to enter into the proposed sale and whether the Company has disclosed all material information to shareholders about the transaction.

Company Name
Stock Symbol
Deal Announced
Oct 21, 2013
Price Per Share
$2.45
Status
Under Investigation

pressreleaseiconAttention Tellabs Shareholders: The Proposed Buyout of Tellabs (Nasdaq: TLAB) by Marlin Equity Partners Under Investigation By The Young Law Firm

Phoenixville, PA — The Young Law Firm, a national shareholder litigation firm, is investigating potential claims concerning the proposed acquisition of Tellabs (“Tellabs” or the “Company”) by entities affiliated with Marlin Equity Partners. The investigation concerns whether the proposed buyout price of $2.45 per share in cash, represents fair value for the sale of the Company and whether the interests of the Company’s public shareholders have been protected. The total equity value of the proposed transaction is approximately $891 million on a fully diluted basis.

Individual shareholders have rights. The Young Law Firm is seeking to speak with shareholders interested in ensuring that their rights are being protected. If you own shares of the Company and would like to learn more about the buyout of Tellabs please contact the Firm’s founder, Henry Young, at:

Henry Young Esq.
The Young Law Firm
Toll Free: (888) 452-7252
Email: contact@theyounglf.com
or visit: www.mergersbuyoutsandfraud.com/tellabs-merger-buyout-shareholder-lawsuit-tlab/

Henry Young Esq., has over 10 years of experience litigating complex shareholder class action lawsuits, including cases resulting in the recovery of millions of dollars for shareholders. The Firm routinely works with and refers cases to other leading law firms around the country to enforce shareholder rights. For more information about the Firm and shareholder cases in general, please visit our website: www.theyounglf.com.

This press release may be considered attorney advertising. Past results do not guarantee future performance.

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Tellabs—Join This Action

Please fill out the form below.

  • Tellabs (TLAB) Retainer Agreement

    (Please note: the retainer agreement does not form an attorney-client relationship until signed by both the attorney and the client)

    You acknowledge that you have agreed to be represented by The Young Law Firm.

    You understand that in order to prosecute this action you must retain at least one of your Tellabs (TLAB) shares.

    You agree that The Young Law Firm will pay costs and expenses deemed necessary to pursue an appropriate recovery in any lawsuit. Typical costs and expenses include, but are not limited to, telephone, fax transmission, court costs, computer research, copy and postage expenses, as well as more substantial items, such as the cost of travel, deposition, trial, mediation expenses, and expert witness and consultant fees. If the lawsuit generates a recovery or benefit for the class, we will apply to the Court to have our costs and expenses reimbursed. If there is no such recovery or benefit, you will not be responsible for any costs.

    The Young Law Firm prosecutes class actions and is seeking to undertake this litigation on a contingent fee basis. This means we will not seek payment of any fees unless the lawsuit generates a recovery or other benefit for the class. The payment of fees in this lawsuit is subject to court approval, and could include an amount calculated as a percentage of the full amount of the funds recovered, i.e., before the deduction of our fees and expenses. You agree that The Young Law Firm may, at our sole discretion, divide fees with other attorneys for serving as local counsel or other services performed and that other counsel may be entitled to a percentage of any fee and to recover their costs.

    You agree that you have not been retained by any other law firm in connection with the matters at issue in these proceedings against Tellabs (TLAB).

    You understand that The Young Law Firm may, at its sole discretion, retain experts, investigators, consultants, or advisors whose services are deemed necessary for the evaluation or prosecution of any of the claims within the scope of the action.

    You agree that The Young Law Firm may represent one or more clients who have similar claims or related claims to those governed by this Agreement.

    You agree that The Young Law Firm may, at its sole discretion, associate with any other attorney(s) or law firms in the prosecution of this case and The Young Law Firm may seek fees in connection therewith, including referral fees.

    You understand that The Young Law Firm may, in its sole discretion, name you as a plaintiff in a lawsuit and/or seek to have you appointed as a representative plaintiff in these proceedings. You agree to cooperate in the prosecution of the case, including to provide testimony, if so required, at a deposition and/or trial, and you agree not to put your own interests ahead of other members of the class or act to the disadvantage of other class members. You understand that as a representative plaintiff, you would undertake to adequately and fairly represent the class by becoming generally familiar with any litigation. You agree that The Young Law Firm has an obligation to prosecute this case in a manner that is fair, equitable and in the best interests of the class, with which you may disagree. The Young Law Firm in its sole discretion shall determine when any offer of compromise is reasonable and shall, subject to court approval, have the right to settle or otherwise resolve class claims on such terms as it deems fair, equitable and in the best interests of the class.

    You agree that if The Young Law Firm determines at any time and for any reason that the prosecution of these claims is not feasible, including being contrary to justice or the standards of good faith, we are entitled to withdraw from the action. This Agreement will automatically terminate upon resolution or legal disposition of the matter, including whether by withdrawal, settlement, arbitration award or court judgment, and payment of all outstanding attorneys' fees and expenses, as provided for herein. The Young Law Firm has no obligation to appeal any resolution in these proceedings, or represent you in any such appeal.

    You agree that The Young Law Firm has made no guarantees regarding the outcome or result of any lawsuit.

    You agree that you do not work for the Company and/or are not otherwise affiliated with the Company, and neither are you affiliated with any other likely party to these proceedings.

    This agreement shall be governed by the laws of the Commonwealth of Pennsylvania. All disputes, disagreements and claims arising out of or related to this Agreement shall be resolved exclusively through binding arbitration pursuant to the Rules of the American Arbitration Association.

    We look forward to working with you.
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