Lucent Faces Shareholder Suit Over Alcatel Merger

Law360 (May 10, 2006, 12:00 AM EDT) -- Amid plans to merge with French telecommunications equipment company Alcatel SA, Lucent Technologies said in a filing with the U.S. Securities and Exchange Commission this week that it is facing a class action lawsuit brought by shareholders opposing the deal.

Lucent said in its quarterly report that the putative class action was filed April 3 in the Superior Court of New Jersey by members of the company’s board of directors.

“The named plaintiffs propose to represent a class of Lucent's stockholders and claim that, among other...
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