A 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.