Company Website: http://www.nfllp.com
NEW YORK -- (Business Wire)

Newman Ferrara LLP has begun an investigation into potential claims against the board of directors of Trulia, Inc. (“Trulia”) (NYSE:TRLA) concerning its proposed sale to Zillow, Inc. (NASDAQ: Z).

On July 28, 2014, Trulia announced that it had entered into an agreement and plan of merger to be acquired by Zillow in an all-stock transaction. Under the merger agreement, Trulia stockholders will receive 0.4444 shares of Zillow stock for each share of Trulia stock owned. Based on Zillow’s closing stock price on July 25, 2014, the proposed merger would provide implied value to Trulia stockholders of only $70.53 per share of Trulia stock owned.

Newman Ferrara’s investigation concerns whether Trulia’s Board of Directors has breached its fiduciary duties to act in the best interests of Trulia’s stockholders. The investigation focuses on the potential unfairness of the consideration being provided to Trulia’s stockholders and the process by which Trulia’s Board of Directors considered and approved the proposed deal.

Concerned investors may contact Newman Ferrara attorney Roy Shimon at rshimon@nfllp.com to discuss this investigation, their rights, or potential remedies.

Newman Ferrara maintains a multifaceted practice based in New York City with attorneys specializing in complex commercial and multi-party litigation, securities fraud and shareholder litigation, consumer protection, civil rights, and real estate. For more information, please visit the firm website at www.nfllp.com.

Contacts:

Newman Ferrara LLP
Roy Shimon, 212-619-5400
rshimon@nfllp.com

Source: Newman Ferrara LLP