Levi & Korsinsky, LLP Launches an Investigation into the Possible Breaches of Fiduciary Duty by the Board of Microtune, Inc. ...

Levi & Korsinsky is investigating the Board of Directors of Microtune, Inc. (“Microtune” or the “Company”) (NasdaqGM: TUNE) for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to Zoran Corporation ("Zoran") (NasdaqGM: ZRAN). Under the terms of the transaction, Microtune shareholders will receive $2.92 in cash for each share of Microtune common stock they own for a total transaction value of approximately $166 million.

The investigation concerns whether the Microtune Board of Directors breached their fiduciary duties to Microtune stockholders by failing to adequately shop the Company before entering into this transaction and whether Zoran is underpaying for Microtune shares, thus unlawfully harming Microtune stockholders.

If you own common stock in Microtune and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at [e-mail] or by telephone at [phone] or visit http://www.zlk.com/microtune-tune.html.

Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation.