Law Office of Brodsky & Smith, LLC Announces Investigation of Atheros Communications, Inc.

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Law Office of Brodsky & Smith, LLC Announces Investigation of Atheros Communications, Inc.

Law Office of Brodsky & Smith, LLC Announces Investigation of Atheros Communications, Inc.

^{Published on 2011-01-05 17:00:29 - Market Wire}

BALA CYNWYD, Pa.--([ BUSINESS WIRE ])--Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Atheros Communications, Inc. (aAtherosa or the aCompanya) (Nasdaq: ATHR) relating to the proposed acquisition by QUALCOMM Inc. (aQUALCOMMa) (Nasdaq a" QCOM) in a transaction valued at approximately $3.1 billion. Atheros' CEO, Craig H. Barratt, is expected to join QUALCOMM as president of QUALCOMM Networking & Connectivity.

Under the terms of the offer, Atheros shareholders would receive cash of $45.00 for each share of Atheros stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Atheros by not acting in Atheros shareholders' best interests in connection with the sale process to QUALCOMM.

If you own shares of Atheros and wish to discuss the legal ramifications of the proposed transaction, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at [ investorrelations@brodsky-smith.com ], or by calling toll free 877-LEGAL-90.