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Bernstein Liebhard LLP Announces Investigation of Acquisition of Atheros Communications, Inc. by Qualcomm Incorporated

^{Published on 2011-01-05 16:30:25 - Market Wire}
 

NEW YORK--([ BUSINESS WIRE ])--Bernstein Liebhard LLP is investigating whether the Board of Directors of Atheros Communications, Inc. (aAtherosa or the aCompanya) (NASDAQ: ATHR) breached its fiduciary duty to its shareholders in agreeing to sell Atheros to Qualcomm Incorporated.

Under the terms of the agreement, Atheros shareholders will receive $45.00 in cash for each share they own. The investigation is focused on the potential unfairness of the price to Atheros shareholders and the process by which the Atheros Board of Directors considered and approved the transaction.

If you are interested in discussing your rights as an Atheros shareholder and/or have information relating to the matter, please contact U. Seth Ottensoser at (877) 779-1414 or [ Ottensoser@bernlieb.com ].

Bernstein Liebhard has pursued hundreds of securities, [ consumer ] and shareholder rights cases and recovered almost $3 billion for its clients. It has been named to The National Law Journala™s aPlaintiffsa™ Hot Lista in each of the last eight years.

ATTORNEY ADVERTISING. © 2010 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. Prior results do not guarantee or predict a similar outcome with respect to any future matter.