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Murray Frank LLP Announces 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 Tuesday, September 13th 2011 at 12:42 GMT by Market Wire
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NEW YORK--([ BUSINESS WIRE ])--MURRAY FRANK LLP is investigating claims of breach of fiduciary duties by certain members of the board of directors of NetLogic Microsystems, Inc., (NASDAQ: NETL) (aNetLogica or the aCompanya) in relation to the acquisition of the Company by Broadcom Corp. (NASDAQ: BRCM) (aBroadcoma).

On September 12, 2011, NetLogic and Broadcom announced that Broadcom will acquire NetLogic pursuant to an all-cash transaction under which NetLogic stockholders will receive $50.00 in exchange for each share of NetLogic common stock, an aggregate value of approximately $3.7 billion.

The investigation seeks to determine whether certain members of the board of directors breached their fiduciary duties in connection with their efforts to sell NetLogic to Broadcom at an inadequate price through an unfair process which significantly undervalues the Company.

If you are a current investor in NetLogic, who purchased NetLogic shares before September 12, 2011, and you wish to discuss this investigation or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Bridget V. Hamill at (800) 497-8076 or (212) 682-1818, or by email at [ investigations@murrayfrank.com ].