SHAREHOLDER ALERT: Brower Piven Encourages Investors With Losses Over $100,000 In Dell Inc. To Contact The Firm Before …

STEVENSON, MD — (May 27, 2014) – The securities litigation law firm of Brower Piven, A Professional Corporation, announces that a class action lawsuit has been commenced in the United States District Court for the Southern District of New York on behalf of purchasers of Dell Inc. (“Dell” or the “Company”) (formerly Nasdaq: DELL) common stock during the period between February 22, 2012 and May 22, 2012, inclusive (the “Class Period”), and reminds investors that they have until July 21, 2014 to seek appointment as lead plaintiff.

If you have suffered a loss from investment in Dell common stock purchased on or after February 22, 2012 and held through the revelation of negative information on May 22, 2012, as described below, and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, without cost or obligation to you, please visit our website at http://www.browerpiven.com/currentsecuritiescases.html.

You may also request more information by contacting Brower Piven either by email at hoffman@browerpiven.com or by telephone at (410) 415-6616.  Those who inquire by email are encouraged to include their mailing address and telephone number.

No class has yet been certified in the above action.  Members of the Class will be represented by the lead plaintiff and counsel chosen by the lead plaintiff.  If you wish to choose counsel to represent you and the Class, you must apply to be appointed lead plaintiff no later than July 21, 2014 and be selected by the Court.  The lead plaintiff will direct the litigation and participate in important decisions including whether to accept a settlement and how much of a settlement to accept for the Class in the action.  The lead plaintiff will be selected from among applicants claiming the largest loss from investment in Company units during the Class Period.

The complaint accuses the defendants of violations of the Securities Exchange Act of 1934 by virtue of the defendants` failure to disclose during the Class Period that because Dell was experiencing severe market pricing pressures associated with its notebook and desktop personal computer (“PC”) products, particularly in its European, Middle Eastern and African (“EMEA”) and Asia-Pacific, Japanese (“APJ”) markets, Dell`s management issued a directive not to pursue certain notebook and desktop PC sales in its EMEA and APJ markets, and Dell was experiencing material operational deficiencies within is sales function that were adversely impacting its Large Enterprise and Public business segments.

According to the complaint, following the Company`s May 22, 2012 announcement that second quarter 2013 revenue would be below analyst estimates, the value of Dell shares declined significantly. 

Attorneys at Brower Piven have extensive experience in litigating securities and other class action cases and have been advocating for the rights of shareholders since the 1980s.  If you choose to retain counsel, you may retain Brower Piven without financial obligation or cost to you, or you may retain other counsel of your choice.  You need take no action at this time to be a member of the class.

CONTACT:
Charles J. Piven
Brower Piven, A Professional Corporation
1925 Old Valley Road
Stevenson, Maryland 21153
Telephone: 410-415-6616
hoffman@browerpiven.com


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Brower Piven via GlobeNewswire


HUG#1789003

Source Article from http://finance.yahoo.com/news/shareholder-alert-brower-piven-encourages-215402539.html
SHAREHOLDER ALERT: Brower Piven Encourages Investors With Losses Over $100,000 In Dell Inc. To Contact The Firm Before …
http://finance.yahoo.com/news/shareholder-alert-brower-piven-encourages-215402539.html
http://news.search.yahoo.com/news/rss?p=Japanese%20Class
Japanese Class – Yahoo News Search Results
Japanese Class – Yahoo News Search Results



Leave a Reply

CAPTCHA