WAYNE, Pa., May 9, 2013 /PRNewswire/ -- Ryan &
Maniskas, LLP (www.rmclasslaw.com/cases/ledr) is investigating
potential claims against the board of directors of Market Leader,
Inc. ("Market Leader" or the "Company") (NASDAQ: LEDR) concerning
possible breaches of fiduciary duty and other violations of law
related to the Company's efforts to sell the Company to Trulia,
Inc. in a transaction valued at approximately $355 million.
(Logo: http://photos.prnewswire.com/prnh/20121112/MM11729LOGO
)
Our investigation concerns possible breaches of fiduciary duty
and other violations of law related to the approval of the
transaction by the Company's board of directors; in particular,
whether the Company undertook a fair process to obtain fair
consideration for all shareholders of Market Leader. For more
information regarding our investigation, please contact Ryan &
Maniskas, LLP (Richard A. Maniskas,
Esquire) toll-free at (877) 316-3218 or by email at
rmaniskas@rmclasslaw.com or visit:
www.rmclasslaw.com/cases/ledr.
Under the terms of the proposal, public shareholders of Market
Leader will receive $6.00 in cash and
0.1553 shares of Trulia, Inc. for each share of Market Leader they
own.
If you own shares of Market Leader and would like to learn more
about these claims or if you wish to discuss these matters and have
any questions concerning this announcement or your rights, contact
Richard A. Maniskas, Esquire
toll-free at (877) 316-3218 or to sign up online, visit:
www.rmclasslaw.com/cases/ledr. You may also email Mr.
Maniskas at rmaniskas@rmclasslaw.com. For more information
about class action cases in general, please visit our website:
www.rmclasslaw.com.
Ryan & Maniskas, LLP is a national shareholder litigation
firm. Ryan & Maniskas, LLP is devoted to protecting the
interests of individual and institutional investors in shareholder
actions in state and federal courts nationwide.
CONTACT:
Ryan & Maniskas, LLP
Richard
A. Maniskas, Esquire
995 Old Eagle School Rd.,
Suite 311
Wayne, PA
19087
877-316-3218
www.rmclasslaw.com/cases/ledr
rmaniskas@rmclasslaw.com
SOURCE Ryan & Maniskas, LLP
