February 05, 2013
Bernstein Liebhard LLP is investigating whether the Board of Directors of Dell Inc. (“Dell” or the “Company”) (NASDAQ: DELL) is breaching its fiduciary duty to its shareholders in connection with an agreement with Michael Dell, Dell’s Founder, Chairman and Chief Executive Officer, in partnership with global technology investment firm Silver Lake, to take the Company private.
Under the terms of the agreement, Dell shareholders will receive $13.65 in cash for each share of common stock they own. The investigation is focused on whether Mr. Dell and Silver Lake’s offer undervalues the Company’s shares.
Bernstein Liebhard has pursued hundreds of securities, consumer and shareholder rights cases and recovered over $3 billion for its clients. It has been named to The National Law Journal’s “Plaintiffs’ Hot List” in each of the last ten years.