Science & Technology
Mon, September 26, 2011Sat, September 24, 2011Fri, September 23, 2011Thu, September 22, 2011Wed, September 21, 2011Tue, September 20, 2011Mon, September 19, 2011Sun, September 18, 2011Fri, September 16, 2011Thu, September 15, 2011Wed, September 14, 2011Tue, September 13, 2011Mon, September 12, 2011Sun, September 11, 2011Sat, September 10, 2011Fri, September 9, 2011Thu, September 8, 2011Wed, September 7, 2011Tue, September 6, 2011Mon, September 5, 2011Sun, September 4, 2011Sat, September 3, 2011Fri, September 2, 2011Faruqi & Faruqi,;; LLP Announces Investigation of NetLogic Microsystems,;; Inc.
Published in Science and Technology on Tuesday, September 13th 2011 at 16:13 GMT by Market Wire
NEW YORK--([ BUSINESS WIRE ])--Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of NetLogic Microsystems, Inc. (aNetLogica or the aCompanya) (NASDAQ: NETL) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Broadcom Corp. (NASDAQ: BRCM) in an all-cash deal valued at about $3.7 billion. Under the terms of the proposed transaction, NetLogic stockholders will receive $50 in cash per each share of NetLogic they own, while according to Yahoo! Finance, at least one financial analyst has set a price target of $54 for NetLogic.
Request more information now by clicking here: [ www.faruqilaw.com/NETL ]
Whether NetLogica™s Board of Directors breached their fiduciary duties to the Companya™s stockholders by failing to conduct an adequate and fair sales process prior to agreeing to this proposed transaction, whether the proposed transaction undervalues NetLogica™s shares and by how much this proposed transaction undervalues the Company to the detriment of NetLogica™s shareholders are the key focus of this investigation.
Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firma™s clients.
If you own common stock in NetLogic and wish to obtain additional information, please visit us at [ www.faruqilaw.com/NETL ] or contact Juan E. Monteverde, Esq. either via e-mail at [ jmonteverde@faruqilaw.com ] or by telephone at (877) 247-4292 or (212) 983-9330.
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