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TMCNet:  Rigrodsky & Long, P.A. Announces Investigation Of Dell Inc. Buyout

[February 06, 2013]

Rigrodsky & Long, P.A. Announces Investigation Of Dell Inc. Buyout

WILMINGTON, Del. --(Business Wire)--

Rigrodsky & Long, P.A.:

  • Do you own shares of Dell (News - Alert) Inc. (NASDAQ GS: DELL)
  • Did you purchase any of your shares prior to February 5, 2013
  • Do you think the proposed buyout price is too low
  • Do you want to discuss your rights

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Dell Inc. ("Dell" or the "Company") (NASDAQ GS: DELL) regarding possible breaches of fiduciary duties and other violations of law relaed to the Company's entry into an agreement to be acquired by Dell's Founder, Chairman and Chief Executive Officer, Michael Dell, in partnership with global technology investment firm Silver Lake, in a transaction valued at approximately $24.4 billion.

Click here to learn more: http://www.rigrodskylong.com/investigations/dell-inc-dell.

Under the terms of the proposal, public shareholders of Dell will receive $13.65 per share in cash for each share of Dell they own.

The investigation concerns whether Dell's board of directors failed to adequately shop the Company and obtain the best possible value for Dell's shareholders before entering into an agreement with Michael Dell and Silver Lake. According to Yahoo! Finance, at least one analyst has set a price target for Dell stock at $16.00.

If you own the common stock of Dell and purchased your shares before February 5, 2013, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Peter Allocco at Rigrodsky & Long, P.A., 825 East Gate Boulevard, Suite 300, Garden City, New York 11530 toll free at (888) 969-4242, by e-mail to info@rigrodskylong.com, or at: http://www.rigrodskylong.com/investigations/dell-inc-dell.

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

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


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