Harwood Feffer LLP Announces Investigation of Trulia, Inc.
NEW YORK, July 29, 2014 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Trulia, Inc. ("Trulia" or the "Company") (NYSE: TRLA) concerning the proposed acquisition of the Company by Zillow, Inc. ("Zillow") (NasdaqGS: Z).
On July 28, 2014, Trulia announced that it had entered into a definitive agreement pursuant to which the Company will be acquired by Zillow. Under the terms of the agreement, Trulia shareholders will receive 0.444 shares of Zillow for every share of Trulia they own.
Our investigation concerns whether the Trulia board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company shareholders.
If you own Trulia shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Peter W. Overs, Jr., Esq.
Robert I. Harwood, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
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SOURCE Harwood Feffer LLP