… As Well as Harwood Feffer …

Looking if Dot Hill's board of directors fulfilling fiduciary duties

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

Harwood Feffer LLP is investigating potential claims against the board of directors of Dot Hill Systems Corp. concerning the proposed acquisition of the company by Seagate Technology Plc.

Under the terms of the offer, Seagate would acquire Dot Hill in a transaction valued at approximately $694 million. Pursuant to the deal, Dot Hill stockholders would receive $9.75 in cash per share.

The investigation concerns whether the Dot Hill board of directors is fulfilling its fiduciary duties, maximizing the value of the company, disclosing all material benefits and costs, and obtaining full and fair consideration for company stockholders.