Shareholder Rights Law Firm Johnson & Weaver, LLP is investigating whether members of the board of directors of LSI Corporation (Nasdaq: LSI) breached their fiduciary duties in connection with the planned sale of the company to Avago Technologies Limited.

On December 16, 2013, Avago Technologies announced a definitive agreement under which Avago will acquire LSI. Under the terms of this transaction LSI shareholders will receive $11.15 per share in cash, or approximately $6.6 billion.

The investigation concerns whether LSI's board failed to satisfy their duties to the company's shareholders, including whether the board adequately pursued alternatives to the acquisition and whether the board obtained the best price possible for the Company's shares of common stock. The investigation also concerns possible conflicts of interest arising out of the LSI's management's potential benefits in post-acquisition employment or investment opportunities.

If you are a shareholder of LSI and would like additional information concerning your legal rights, please contact lead analyst Jim Baker (jimb@johnsonandweaver.com) at 619-230-0063.

Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California and New York. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com.

Johnson & Weaver, LLP
Jim Baker, 619-230-0063 Ext. 118
jimb@johnsonandweaver.com