Dell private buy-out prompts class action

Stocks and sharesA Dell Inc. shareholder launched a class action on January 30, 2013, aiming to block the $24.4 billion leveraged buyout of the computer maker hatched by its founder and a private equity firm, alleging the “opportunistic” deal shortchanges investors.

In a complaint filed in Delaware Chancery Court, Catherine Christner said the $13.65 per-share offer from Michael Dell and Silver Lake Partners LP to take the company private — one of the largest leveraged buyouts since the financial crisis — robs investors of the chance to benefit from recent moves.

Steve Larson
An experienced trial lawyer who handles both hourly and contingent fee cases, Steve has expertise in class actions, antitrust litigation, securities litigation, corporate disputes, intellectual property disputes, unfair competition claims, and disputes involving family wealth. Steve regularly represents individuals and businesses in federal and state court and has obtained class-wide recovery in multiple class actions. A veteran practitioner, Steve's clients value his creative approach to resolving complex litigation matters.


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