DELL SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors With Losses in Excess o...
May 22 2014 - 10:00PM
Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former
Attorney General of Louisiana, Charles C. Foti, Jr., remind
investors that they have until
July 21, 2014 to
file lead plaintiff applications in a securities class action
lawsuit against Dell, Inc. (Nasdaq: DELL), if they purchased the
Company's securities during the period between February 22, 2012
and May 22, 2012, inclusive (the "Class Period"). This action is
pending in the United States District Court for the Southern
District of New York.
What You May Do
If you purchased shares of Dell and would like to discuss your
legal rights and how this case might affect you and your right to
recover for your economic loss, you may, without obligation or cost
to you, call toll-free at 1-877-515-1850, or email KSF Managing
Partner Lewis Kahn (lewis.kahn@ksfcounsel.com) or KSF Partner
Melinda Nicholson (melinda.nicholson@ksfcounsel.com). If you wish
to serve as a lead plaintiff in this class action, you must
petition the Court by July 21, 2014.
About the Lawsuit
Dell and certain of its executives are charged with issuing a
series of materially false and misleading statements during the
Class Period, violating federal securities laws.
On May 22, 2012, Dell disclosed that its revenues for first
quarter of 2013 were $14.4 billion, approximately one-half billion
dollars less than Dell's guidance and Wall Street estimates. Dell
also disclosed that it was projecting revenues of just $14.7 to $15
billion for its second quarter of 2013, when securities analysts,
based on defendants' Class Period statements, had been projecting
revenues of $15.4 billion. In response to these revelations, the
price of Dell stock plummeted by more than 17%, its largest
single-day decline in over 11 years.
About Kahn Swick & Foti, LLC
To learn more about KSF, whose partners include the Former
Louisiana Attorney General, Charles C. Foti, Jr., and other lawyers
with significant experience litigating complex securities class
actions nationwide on behalf of both institutional and individual
shareholders, you may visit www.ksfcounsel.com.
CONTACT: Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
lewis.kahn@ksfcounsel.com
Melinda Nicholson, Partner
melinda.nicholson@ksfcounsel.com
1-877-515-1850
206 Covington St.
Madisonville, LA 70447
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