Large Firm Sophistication – Small Firm Values

Andre Springer

Trulia, Inc.

TRULIA (TRLA) SHAREHOLDER ALERT - Andrews & Springer LLC Is Seeking More Cash for Shareholders of Trulia, Inc.

(Wilmington, DE) Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against the Board of Directors of Trulia, Inc. (“Trulia” or the “Company”) (NYSE: TRLA) relating to the sale of the Company to Zillow, Inc. (“Zillow”). On July 28, 2014, the two companies announced the signing of a definitive merger agreement pursuant to which Zillow will acquire Trulia in a merger valued at roughly $3.5 billion. As a result of the merger, Trulia shareholders are only anticipated to receive 0.444 shares of Zillow Class A common stock in exchange for each share of Trulia.

Andrews & Springer’s investigation focuses on the insufficient consideration that Trulia shareholders are expected to receive. Following the merger, Trulia shareholders are expected to be substantially diluted, owning only 33% of the combined company. Additionally, the 0.444 fixed exchange ratio restricts the value that Trulia shareholders are expected to receive by exposing Trulia shareholders to the volatility of Zillow’s share price.

Andrews & Springer is investigating whether Trulia directors are breaching their fiduciary duties by failing to adequately shop the company and maximize shareholder value. Andrews & Springer is also investigating the fairness of the sales process conducted by J.P. Morgan.

If you own shares of Trulia and want to receive additional information and protect your investments free of charge, please visit us at http://www.andrewsspringer.com/cases-investigations/trla or contact Craig J. Springer, Esq. at cspringer@andrewsspringer.com, or call toll free at 1-800-423-6013. You may also follow us on LinkedIn – www.linkedin.com/company/andrews-&-springer-llc, Twitter – www.twitter.com/AndrewsSpringer or Facebook - www.facebook.com/AndrewsSpringer for future updates. 

Andrews & Springer is a boutique securities class action law firm representing shareholders nationwide who are victims of securities fraud, breaches of fiduciary duty or corporate misconduct. Having formerly defended some of the largest financial institutions in the world, our founding members use their valuable knowledge, experience, and superior skill for the sole purpose of achieving positive results for investors. These traits are the hallmarks of our innovative approach to each case our Firm decides to prosecute. For more information please visit our website at www.andrewsspringer.com. This notice may constitute Attorney Advertising.