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TUNE Microtune (MM)

2.92
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Microtune (MM) NASDAQ:TUNE NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.92 0 01:00:00

Kendall Law Group Announces Appointment of Lead Counsel in Legal Action on Behalf of Microtune Shareholders

12/10/2010 4:57pm

Business Wire


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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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