Investigation of Robbins Umeda on Avnet/Bell Deal

Robbins Umeda LLP has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by members of the Board of Directors of Bell Microproducts, Inc. in connection with their actions in causing Bell to enter into a definitive merger agreement with Avnet, Inc. If the proposed transaction is approved, Bell shareholders will receive $7.00 in cash for each share of Bell common stock they hold. The transaction is expected to close in 60 to 120 days.

Robbins Umeda LLP’s investigation concerns whether Bell’s Board of Directors undertook a fair process to obtain a fair price for all shareholders of Bell.