TAKE A LOOK AT WHICH REPORT YOUR PORTFOLIO'S BEEN MISSING...

Shareholders Foundation offers real-time reporting of class action exposure on a per transaction basis,
including the documents you will need for claim filing and settlement recovery.
Start Monitoring Your Investments

Tellabs, Inc. (NASDAQ:TLAB) Investor Investigation Over Possible Violations Of Federal Securities Laws

  • If you purchased shares of Tellabs, Inc. (NASDAQ:TLAB) prior to April 26, 2011, you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
Tellabs Inc.
Security
NASDAQ: TLAB

Summary

Jan. 11, 2013 (Shareholders Foundation) -- An investigation on behalf of investors of Tellabs, Inc. (NASDAQ:TLAB) shares over potential securities laws violations by Tellabs, Inc. and certain of its directors and officers in connection certain financial statements was announced.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Tellabs, Inc. (NASDAQ:TLAB) concerning whether a series of statements by Tellabs, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Tellabs, Inc. (NASDAQ:TLAB) reported that its Total Revenue fell from over 41.64 billion for the 12 months period that ended on Dec. 31, 2010 to over $1.28 billion for the 12 months period that ended on Dec. 30, 2011 and that its Net Income of $155.60 million for the 12 months period that ended on Dec. 31, 2010 declined to a Net Loss of $188.40 million for the 12 months period that ended on Dec. 30, 2011.

Shares of Tellabs, Inc. (NASDAQ:TLAB) decreased from over $9 per share in May 20010 to as low as $2.16 on January 7, 2013.

Start Monitoring Your Investments