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SOURCE Morgan & Morgan
NEW YORK, Aug. 1, 2014 /PRNewswire/ -- Morgan & Morgan announces that it 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 Trulia 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.
Morgan & Morgan's investigation concerns whether Trulia's Board of Directors breached its fiduciary duties to Trulia's shareholders.
Morgan & Morgan is one of the nation's largest 200 law firms. In addition to securities fraud, the firm also practices in the areas of antitrust, personal injury, consumer protection, overtime, and product liability. All of the Firm's legal endeavors are rooted in its core mission: provide investor and consumer protection and always fight "for the people."
Attorney advertising. Prior results do not guarantee a similar outcome.
Morgan & Morgan
Peter Safirstein, Esq.
28 West 44th Street
New York, NY 10036
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