Ryan & Maniskas Investigates Dell/Compellent Deal

Ryan & Maniskas, LLP is investigating potential claims against the board of directors of Compellent Technologies, Inc. concerning possible breaches of fiduciary duty and other violations of law related to the Company’s efforts to sell Compellent to Dell, Inc. in a transaction valued at approximately $960 million.

Our investigation concerns possible breaches of fiduciary duty and other violations of law related to approval of the transaction by Company’s board of directors; in particular, whether the Company undertook a fair process to obtain fair consideration for all shareholders of Compellent.

Under the proposed agreement, Dell, Inc. will acquire all of the outstanding common shares of Compellent for $27.75 per share in cash.