San Diego, CA -- (SBWIRE) -- 01/14/2013 -- An investigation on behalf of investors of Tellabs, Inc. (NASDAQ:TLAB) shares over potential securities laws violations by Tellabs, Inc. and certain of its directors and officers in connection certain financial statements was announced.

Investors who purchased shares of Tellabs, Inc. (NASDAQ:TLAB) prior to April 26, 2011, have certain options and should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Tellabs, Inc. (NASDAQ:TLAB) concerning whether a series of statements by Tellabs, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Tellabs, Inc. (NASDAQ:TLAB) reported that its Total Revenue fell from over 41.64 billion for the 12 months period that ended on Dec. 31, 2010 to over $1.28 billion for the 12 months period that ended on Dec. 30, 2011 and that its Net Income of $155.60 million for the 12 months period that ended on Dec. 31, 2010 declined to a Net Loss of $188.40 million for the 12 months period that ended on Dec. 30, 2011.

Shares of Tellabs, Inc. (NASDAQ:TLAB) decreased from over $9 per share in May 20010 to as low as $2.16 on January 7, 2013.

Those who purchased shares of Tellabs, Inc. (NASDAQ:TLAB) prior to April 26, 2011have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Joelle Day
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com