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Law Office of Brodsky & Smith, LLC Announces Investigation of NetLogic Microsystems, Inc.

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  Published in Science and Technology on Wednesday, September 14th 2011 at 9:17 GMT by Market Wire
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BALA CYNWYD, Pa.--([ BUSINESS WIRE ])--Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of NetLogic Microsystems, Inc. (aNetLogica or the aCompanya) (Nasdaq - NETL) relating to the proposed acquisition by Broadcom Corporation (Nasdaq - BRCM).

Under the terms of the proposed transaction NetLogic shareholders would receive $50.00 in cash for each share NetLogic stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of NetLogic for not acting in the Companya™s shareholders' best interests in connection with the sale process to Broadcom. The Board of directors may not have adequately shopped the Company before entering into this transaction and Broadcom may be underpaying for the Company.

If you own shares of NetLogic stock 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 ], visiting [ http://brodsky-smith.com/329-netl-netlogic-microsystems-inc.html ], or by calling toll free 877-LEGAL-90.