Potential Shareholder Claims Due to Atheros Buyout Investigated by Goldfarb Branham LLP Securities Attorneys
06 Januar 2011 - 4:01PM
Business Wire
Goldfarb Branham LLP is investigating whether the Board of
Directors of Atheros Communications, Inc. (NASDAQ: ATHR) violated
shareholder protection laws by agreeing to sell Atheros to Qualcomm
for $45.00 per share. Atheros shareholders -- or anyone else with
concerns about this transaction -- are encouraged to contact the
firm at 877-583-2855 or hlindley@goldfarbbranham.com to learn more
about this buyout and their rights.
“Atheros shares sold for more than $43.00 per share in April
2010,” said shareholder lawyer Hamilton Lindley. “In fact, company
shares have increased in value more than 50% since September 2010.
Atheros’ current CEO also appears to have secured himself a job
with Qualcomm as president of Networking and Connectivity. For
these reasons, this buyout deserves higher scrutiny.”
The firm’s proposed class action lawsuit seeks to maximize value
for Atheros shareholders. Goldfarb Branham’s lawyers have
significant experience representing investors in nationwide
securities litigation in over 100 shareholder class action cases.
Hamilton Lindley, a firm securities lawyer, can be reached at
hlindley@goldfarbbranham.com or 877-583-2855 to discuss the impact
of this buyout on Atheros shareholders.
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