|[January 09, 2013]
Law Offices of Howard G. Smith Announces Investigation on Behalf of Shareholders of Tellabs, Inc.
BENSALEM, Pa. --(Business Wire)--
Law Offices of Howard G. Smith announces that it is investigating
potential claims against Tellabs (News - Alert), Inc. ("Tellabs" or the "Company")
(NASDAQ:TLAB) concerning possible violations of federal securities laws.
The investigation focuses on allegations that certain statements issued
by the Company between October 26, 2010 and April 26, 2011, regarding
Tellabs' business, operations and prospects were false and misleading.
Tellabs designs, develops and supports telecommunications networking
products. Specifically, the investigation relates to Tellabs' April 26,
2011 announcement of its 2011 fisal first quarter financial results
which reflected weakness in its North American business. On this news,
shares of Tellabs declined $0.49 per share, 9.09%, to close on April 26,
2011, at $4.90 per share, on heavy trading volume.
If you purchased Tellabs securities between October 26, 2010 and April
26, 2011, if you have information or would like to learn more about
these claims, or if you wish to discuss these matters or have any
questions concerning this announcement or your rights or interests with
respect to these matters, please contact Howard G. Smith, Esquire, of
Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem,
Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888)
638-4847, or by email to email@example.com,
or visit our website at http://www.howardsmithlaw.com.
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