… Kendall Law Group …

Kendall Law Group, led by former federal judge Joe Kendall, is investigating Isilon Systems, Inc. for shareholders in connection with the proposed acquisition by EMC Corporation. The national securities firm’s investigation seeks to determine whether Isilon and its Board breached their fiduciary duties by entering into the agreement without properly shopping for a deal that would provide better value for shareholders.

On November 15, 2010, the companies announced the definitive merger agreement under which Isilon would be acquired by EMC, in a transaction valued at approximately $2.25 billion. Under the terms of the agreement, Isilon stockholders will receive $33.85 in cash for each share of Isilon/ISLN common stock. Pre-market trading sent Isilon shares up to $34.10, or 25 cents more than the deal price. The firm believes the transaction may be undervaluing the company.