Dell Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP Investigate
Going Private Agreement with Michael Dell and Silver Lake
DALLAS -- February 5, 2013
Former United States Securities and Exchange Commission attorney Willie
Briscoe and the securities litigation firm of Powers Taylor, LLP are
investigating the sale of Dell, Inc. (“Dell”) (NasdaqGS: DELL) to its founder
and CEO Michael Dell and Silver Lake for shareholders. Under the terms of the
proposed going private deal valued at approximately $23.8 billion, Dell
shareholders will only receive $13.65 in cash for each share of Dell stock
owned, well below at least one analyst’s estimate of $16.00 per share and the
52 week high of $18.36.
If you are an affected investor, and you want to learn more about the lawsuit
or join the action, please contact Willie Briscoe at The Briscoe Law Firm,
PLLC, (214) 239-4568, via email at WBriscoe@TheBriscoeLawFirm.com or Zach
Groover at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at
firstname.lastname@example.org. There is no cost or fee to you.
The Dell sale investigation centers on whether Dell’s shareholders are
receiving adequate compensation for their shares in the proposed going private
deal, whether the transaction undervalues Dell’s stock, and whether Dell’s
board attempted to obtain the highest share price for all shareholders prior
to agreeing to the deal. Notably, at least one analyst with Yahoo! Finance has
estimated that the true inherent value of Dell shares is as high as $16 per
share. According to shareholder rights attorney Willie Briscoe, “due to the
proposed transaction price, the lack of any significant premium and other
factors, we believe this transaction may undervalue Dell’s stock. Our proposed
lawsuit will seek to obtain the highest share price for all shareholders.”
The Briscoe Law Firm, PLLC is a full service business litigation and
shareholder rights advocacy firm with more than 20 years of experience in
complex litigation and transactional matters.
Powers Taylor, LLP is a boutique litigation law firm that handles a variety of
complex business litigation matters, including claims of investor and
stockholder fraud, shareholder oppression, shareholder derivative suits, and
security class actions.
The Briscoe Law Firm, PLLC
Willie Briscoe, 214-239-4568
Powers Taylor, LLP
Zach Groover, 877-728-9607
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