Stull, Stull & Brody Announces Investigation on Behalf of Shareholders of Intellon Corporation

Attorney Advertising. Notice is hereby given that Stull, Stull & Brody has commenced an investigation on behalf of shareholders of Intellon Corporation (“Intellon” or the “Company”) (Nasdaq: ITLN) for possible breaches of fiduciary duty and other violations of state law in connection with an agreement by the Company’s Board of Directors to sell all of the Company’s outstanding shares of common stock to Atheros Corporation, at a price of approximately $7.30 per share net in cash and stock.

If you own common stock of Intellon and wish to obtain additional information about this matter, please contact Stull, Stull & Brody at the toll-free number listed below. Stull, Stull & Brody has litigated many class actions for violations of securities laws and breaches of fiduciary duties on behalf of defrauded investors over the past 40 years and has obtained court approval of substantial settlements on numerous occasions.

The current investigation concerns the proposed price offered to shareholders and the process by which Intellon’s Board of Directors is addressing the proposed transaction. The focus of the investigation is on whether the Intellon Board of Directors breached their fiduciary duties to Intellon’s shareholders by agreeing to sell the Company at an unfair price and by agreeing to an $8.5 million termination fee provision.

If you wish to discuss this matter or have any questions concerning this notice or your rights or interests with respect to this matter, please contact Aaron Brody, Esq. at Stull, Stull & Brody by calling 1-800-337-4983 or 1-212-687-7230, or by email to [e-mail] or by writing to Stull, Stull & Brody, 6 East 45th Street, New York, NY 10017.

Attorney advertising. Prior results do not guarantee a similar outcome.