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The Law Offices of Vincent Wong Announce an Investigation of NetLogic Microsystems,;; Inc.

  //science-technology.news-articles.net/content/2 .. ation-of-netlogic-microsystems-44-59-59-inc.html
  Published in Science and Technology on Monday, September 12th 2011 at 17:22 GMT by Market Wire
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NEW YORK--([ BUSINESS WIRE ])--The Law Offices of Vincent Wong are investigating the Board of Directors of NetLogic Microsystems, Inc. (NASDAQ: NETL) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Broadcom Corp. (NASDAQ: BRCM). Under the terms of the deal, Broadcom will pay NetLogic shareholders $50.00 per share. The transaction has a total value of approximately $3.7 billion.

To get more information and join the action, click here: [ http://www.wongesq.com/netlogic-microsystems.html ].

The investigation concerns whether the NetLogic Board of Directors breached their fiduciary duties to NetLogic stockholders by failing to adequately shop the Company before entering into this transaction and whether Broadcom Corp. is underpaying for NetLogic shares. According to Thomson/First Call, at least one analyst set a price target for NetLogic of $54.00 per share.

If you own common stock in NetLogic and wish to obtain additional information, please contact Vincent Wong, Esq. either via email [ vw@wongesq.com ], by telephone at 212.584.2740, or visit [ http://www.wongesq.com/netlogic-microsystems.html ].

Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.