Kendall Law Group Announces Appointment of Lead Counsel in Legal Action on Behalf of Microtune Shareholders
12 Oktober 2010 - 5:57PM
Business Wire
Kendall Law Group, a national securities firm led by a former
federal judge Joe Kendall, announces the appointment of the firm as
co-lead class counsel in the legal action filed in Collin County on
behalf of Microtune, Inc. (NASDAQ: TUNE) shareholders.
The lawsuit was filed on September 9, 2010 in connection to the
proposed acquisition by the Zoran Corporation, to determine whether
Microtune and its Board breached their fiduciary duties by entering
into the agreement without properly shopping for a deal that would
provide better value for shareholders. On September 28, 2010, the
Honorable Judge Mark Rusch of the Collin County District Court
granted Kendall Law Group, along with Robbins Umeda LLP, “sole
authority to speak for Plaintiffs in matters regarding pre-trial
procedure, trial, and settlement.”
Kendall Law Group was founded by former federal judge and
includes a former United States Attorney, prosecutors and
securities lawyers who are experienced in complex securities
litigation. The firm has been counsel in numerous merger and
acquisition cases nationwide, including some of the largest
transactions in the United States.
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