Science & Technology
Science and Technology
Science and Technology
Thu, December 9, 2010
Wed, December 8, 2010
Roy Jacobs & Associates Announces Investigation into Possible Wrongdoing Respecting Acquisition of Compellent Technologies, Inc
NEW YORK--([ BUSINESS WIRE ])--Roy Jacobs & Associates is investigating possible claims on behalf of shareholders of Compellent Technologies, Inc. (aCompellenta or the aCompanya) (NYSE: CML) concerning the possible acquisition of Compellent by Dell Inc. (aDella) for below fair value.
For further information, please contact Roy L. Jacobs, Esq. toll-free at 1-888-884-4490 or by e-mail at [ rjacobs@jacobsclasslaw.com ].
The investigation is focused on potential breaches of fiduciary duty on the part of the Compellent Board of Directors involving the possible acquisition of the Company at less than fair value. In this regard, on December 8, 2010, the Companya™s stock closed at $33.65 a share. However, reports indicate that a potential acquisition by Dell would value the Company at only $27.50 per share. On this news, Compellent shares fell 13% to $29.25.
If you are interested in discussing your rights or have information relating to this investigation, please contact Roy L. Jacobs. Mr. Jacobs will be glad to personally speak with you.
