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The Law Office of Joseph Klein 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 15:02 GMT by Market Wire
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NEW YORK--([ BUSINESS WIRE ])--The Law Office of Joseph Klein is 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 proposed transaction, NetLogic shareholders will receive $50.00 per share for a total transaction value of approximately $3.7 billion.

To receive more information, click here: [ http://www.jkleinlawfirm.com/net-logic-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 Yahoo! Finance, 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 Joseph Klein, Esq. directly, via email at [ jk@jkleinlawfirm.com ], by telephone at 718-947-0005, Toll Free: 877-STOK-180, or visit [ http://www.jkleinlawfirm.com/net-logic-microsystems.html ].

Joseph Klein, Esq. is an experienced attorney and has also practiced as a Certified Public Accountant. Mr. Klein represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.