Bronstein, Gewirtz Grossman Investigates Dot Hill …

Concerning proposed sale to Seagate

This is a Press Release edited by StorageNewsletter.com on August 20, 2015 at 2:40 pm

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims against the board of directors of Dot Hill Systems Corp. related to the proposed acquisition of the company by Seagate Technology Plc.

The transaction is valued at around $694 million or $9.75 per share.

This investigation concerns whether the board of directors of Dot Hill breached their fiduciary duties to stockholders by failing to adequately shop the company before agreeing to enter into the proposed transaction, and whether the company has disclosed all material information to shareholders about the transaction.