The announcement by InterDigital, Inc. that it is exploring strategic alternatives, including but not limited to also a sale of the company prompted an investigation on behalf of investors of InterDigital (NASDAQ: IDCC) concerning whether a potential takeover would be unfair for IDCC stockholders and whether certain Inter Digital directors breach their fiduciary duties in the event of an acquisition.

The investigation by a law firm is at a preliminary stage and monitors a possible takeover. It concerns whether InterDigital Inc., certain of its officers and directors, and/or others breach their fiduciary duties owed to InterDigital (IDCC) investors in connection with the takeover rumors or in the event of a takeover.

On July 19, 2011, InterDigital, Inc. (NASDAQ: IDCC) announced that its Board of Directors has initiated a process to explore and evaluate potential strategic alternatives for the company, which may include a sale or other transaction.

Since InterDigital, Inc. announced that it is exploring potential strategic alternatives NASDAQ: IDCC stocks grew from $41.56 on July 18 to as high as $81.99 per share during Thursdays trading.

However, InterDigital has performed well for its stockholders in the past. Its annual Total Revenue rose from $234.23million for 2007 to $394.55million for 2010. Its Net Income increased over the same time frame from $20.00million to $153.62million.

Additionally, shares of InterDigital, Inc. (Public, NASDAQ:IDCC) grew at a substantial growth rate. NASDAQ: IDCC stocks increased from as low as $17.39 per share in February 2008 to $48.37 in February 2011.

Therefore the investigation by a law firm questions whether a potential sale process and the potential price would be unfair to the shareholders of InterDigital, Inc. (NASDAQ:IDCC). The investigation focuses whether the InterDigital board of directors will undertake an adequate and fair sales process to obtain fair consideration for all shareholders of InterDigital (IDCC) and will breach their fiduciary duties to InterDigital (NASDAQ: IDCC) shareholder by failing to adequately shop the Company before entering into any transaction.

In addition the investigation seeks also to determine if any officer, director or any insiders violated any laws in connection with the takeover rumors.

The investigation concerns also whether the acquirer would underpay for NASDAQ:IDCC shares, thus unlawfully harming InterDigital (NASDAQ: IDCC) investors. A potential class action lawsuit would seek to maximize the amount of money and information NASDAQ:IDCC shareholders would receive in a buyout, so the law firm.