NYSE
EXAR

Exar Corporation

Shareholder Corporation Litigation

Rigrodsky & Long, P.A. Announces Investigation Of Exar Corporation (NYSE: EXAR) Buyout

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Exar Corporation (“Exar” or the “Company”) (NYSE: EXAR) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by MaxLinear, Inc. (“MaxLinear”) (NYSE: MXL) in a transaction valued at approximately $700 million.  Under the terms of the agreement, shareholders of Exar will receive $13.00 in cash for each share of Exar common stock.

If you own common stock of Exar and purchased any shares before March 29, 2017, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail at info@rl-legal.com.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities fraud, shareholder corporate, and shareholder derivative litigation on behalf of shareholders in state and federal courts throughout the United States.

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