Trulia Shareholder Buyout Alert - Acquisition Of Trulia, Inc.- Leading National Securities Law Firm Seeks Higher Price For Shareholders

NEW YORK, July 28, 2014 /PRNewswire/ -- Tripp Levy PLLC, a leading national securities and shareholder rights law firm, announces that it is investigating the acquisition of Trulia, Inc. (NYSE: TRLA) on behalf of its shareholders. It was announced that Zillow, Inc. and Trulia have entered into a definitive merger agreement whereby Trulia will be acquired in a stock for stock transaction. Trulia shareholders will receive 0.444 shares of Class A common stock of Zillow for each share of Trulia, and will own approximately 33% of the combined company.

The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors and senior management of Trulia for not acting in Trulia shareholders' best interests in connection with the sale process of Trulia. The investigation seeks to determine if there was an adequate auction process and if Zillow is underpaying for Trulia shares. In addition, the investigation seeks to determine if there were any conflicts of interest on the part of the senior management of Trulia in negotiating the deal on behalf of shareholders.

If you are a shareholder of Trulia and would like additional information regarding this matter, at no cost or expense, please contact us at:

Tripp Levy PLLC
New York, New York
Toll free: 1-800-511-7037
Email: [email protected] 
www.tripplevy.com

Tripp Levy PLLC represents individual and institutional investors in shareholder actions and, along with its affiliates, has recovered billions of dollars for shareholders in securities actions.  Tripp Levy PLLC has become affiliated with Milberg LLP. Attorney advertising. Prior results do not indicate a similar outcome

SOURCE Tripp Levy PLLC

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