Michael E. Lavin, Director at TELLABS INC (TLAB), bought 9,500 shares at $5.24 ($50K) on 2008-08-19, disclosed to the SEC on 2008-08-21.
Open-market purchase of $50k TLAB by Director. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history).
Something here stands out, but not much.