If You Purchased Or Otherwise Acquired The Common Stock Of Dell, Inc. (“Dell”) Directly or Benificially, Between May 16, 2002 and September 8, 2006, Inclusive (the “Settlement Class Period”) And Were Damaged Thereby, Your Rights May Be Affected By A Class Action Settlement.
A class action settlement has been reached in a lawsuit pending against Dell, Inc., and certain of Dell’s executive officers, Michael S. Dell, Dell’s current Chief Executive Officer and Chairman, Kevin B. Rollins, Dell’s former President and Chief Executive Officer, and James M. Schneider, Dell’s former Chief Financial Officer (collectively “Defendants”) in the United States District Court for the Western District of Texas, Austin Division (captioned In re Dell Inc. Securities Litigation, Case No. A-06-CA-726-SS) alleging that defendants violated Sections 10(b), 20(a) and 20A of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder, 17 C.F.R. § 240.10b-5 by engaging in accounting fraud so that Dell could meet or exceed earnings guidance, according to the Dell securities litigation class action settlement notice.
The Dell class action settlement reportedly provides, among other things, that in exchange for the settlement and dismissal of the Action, Defendants agreed to create a $40 million fund to be divided, after fees and
expenses, among all Dell Settlement Class Members who send in timely and valid Dell Proof of Claim and Release forms or online claim forms.
For more information on the Dell class action lawsuit settlement and potential settlement benefits, call the Dell Securities Litigation Claims Administrator at 1-888-710-2433 or visit the Dell securities litigation class action settlement website:
www.dellsecuritieslitigation.com
If You Have Thoughts On TheDell Securities Litigation Class Action Lawsuit Settlement, Share Your Settlement Comments Below.
Still waiting for my settlement. Thanks.