NEW YORK--(BUSINESS WIRE)--The Rosen Law Firm, P.A. is investigating the Board of Directors of Trulia, Inc. (NYSE:TRLA) for possible breaches of fiduciary duties and other violations of law by failing to adequately shop Trulia to maximize shareholder value before entering into a definitive agreement with Zillow Inc. (NASDAQ: Z).
If you would like to join the action, please call Phillip Kim, Esq. or Kevin Chan, Esq. toll-free, at 866-767-3653; or email at email@example.com or firstname.lastname@example.org. There is no cost or obligation to you.
Under the terms of the proposed transaction, shareholders will receive 0.444 of a Zillow share for each share of Trulia they own. The proposed transaction is valued at approximately $3.5 billion. The investigation relates to whether the proposal is fair to public shareholders and whether Trulia’s Board of Directors breached its fiduciary duties in connection with the proposed transaction.
If you own Trulia common stock that you purchased before July 28, 2014 and wish to obtain additional information, please visit the website at http://rosenlegal.com/buyoutcases.html. You may also contact Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at email@example.com or firstname.lastname@example.org.
The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
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