… And The Law Office of Jonathan M. Stein

The Law Office of Jonathan M. Stein, P.L. is investigating the Board of Directors of Compellent Technologies Inc. for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to complete a sale of the Company to Dell, Inc. Under the terms of the proposed transaction, Compellent shareholders are to receive $27.75 per share in cash for each share of Compellent for a total equity value of approximately $960 million, and an aggregate purchase price of approximately $820 million, net of Compellent’s cash.

The investigation involves whether the Board of Directors of Compellent breached their fiduciary duties to Compellent stockholders by failing to adequately shop the Company before agreeing to enter into the transaction and whether Compellent has disclosed all material information to shareholders about the proposed transaction. According to Yahoo Finance, at least one analyst has set a price target of $40.00 per share for Compellent stock. Further, prior to the public speculation of a transaction, Compellent stock has increased over 125% since August 2010.