STEC Alert: Briscoe Law Firm and Powers Taylor, LLP Investigate Sale to Western Digital Corp.

  STEC Alert: Briscoe Law Firm and Powers Taylor, LLP Investigate Sale to
  Western Digital Corp.

Business Wire

DALLAS -- June 26, 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 STEC, Inc. (“STEC”) (NasdaqGS: STEC) to Western
Digital Corp., for shareholders. Under the terms of the proposed sale, valued
at approximately $340 million, STEC shareholders will receive only $6.85 for
each share of STEC stock owned, well below the 52-week high of $8.39.

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 Patrick
Powers at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at
patrick@powerstaylor.com. There is no cost or fee to you.

The STEC sale investigation centers on whether STEC’s shareholders are
receiving adequate compensation for their shares in the proposed deal, whether
the transaction undervalues STEC’s stock, and whether STEC’s board attempted
to obtain the highest share price for all shareholders prior to agreeing to
the deal.

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.

Contact:

The Briscoe Law Firm, PLLC
Willie Briscoe, 214-239-4568
WBriscoe@TheBriscoeLawFirm.com
or
Powers Taylor, LLP
Patrick Powers, 877-728-9607
patrick@powerstaylor.com