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TEKELEC Investors File Lawsuit Against Going-Private Bid

  • If you purchased shares of TEKELEC (NASDAQ:TKLC) prior to the announcement and currently hold those shares, 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 case, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Lawsuit Overview

San Diego, Nov. 11, 2011 (Shareholders Foundation) -- Two investors in TEKELEC (NASDAQ: TKLC) shares filed a lawsuit against the board of directors in effort to stop the proposed sale of Tekelec for $11 per share. According to the complaint the plaintiff alleges that the defendants breached their fiduciary duties owed to TEKELEC (NASDAQ TKLC) investors arising out of the attempt to s...



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