Feeds

Dell, 3PAR and legal parasites

Hard to stomach lawyers

Top 5 reasons to deploy VMware with Tegile

The simple clarity and straightforwardness of the 3PAR and Dell deal is being muddied by the activities of US law firms that are as beneficial in many people's eyes as an HIV infection.

We read that the Kendall Law Group, "a national securities firm led by a former federal judge with attorneys that include a former U.S. Attorney, is investigating 3PAR, Inc. for shareholders in connection with the proposed acquisition by Dell Inc. ... The firm’s investigation seeks to determine whether 3PAR 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. If you are a 3PAR shareholder and would like additional information about your rights."

Into every life a little rain must fall but why must it be polluted by the kind of toxic legal dust this bunch of legal weevils undertakes? Unfortunately there is more than one weevil scenting a few scraps for their slavering jaws in the Dell 3PAR deal.

We read: "The Briscoe Law Firm, PLLC, founded by a former state prosecutor and enforcement attorney for the United States Securities and Exchange Commission, and the law firm of Powers Taylor, LLP are investigating potential legal claims against the Board of Directors of 3PAR, Inc. ... related to the proposed acquisition of PAR by Dell, Inc. …. The investigation relates to possible breaches of fiduciary duty and other violations of state law by the Board of Directors of PAR for approving this transaction, whether the consideration to be received by PAR shareholders is fair, and whether PAR’s board of Directors acted in the shareholders’ best interests.

If you currently own shares ..." yadda yadda.

We read: "Robbins Umeda LLP has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by members of the Board of Directors of 3Par, Inc. in connection with Dell Inc.'s ... intent to acquire all outstanding common shares of 3Par. … Robbins Umeda LLP's investigation concerns whether … the Company's Board of Directors breached their fiduciary duties to 3Par shareholders by failing to adequately shop the Company before entering into the transaction with Dell. "

Which is the lesser of these three legal weevils, or are they each as bad, as distasteful, as disgusting as each other? ®

Beginner's guide to SSL certificates

More from The Register

next story
Ellison: Sparc M7 is Oracle's most important silicon EVER
'Acceleration engines' key to performance, security, Larry says
Oracle SHELLSHOCKER - data titan lists unpatchables
Database kingpin lists 32 products that can't be patched (yet) as GNU fixes second vuln
Lenovo to finish $2.1bn IBM x86 server gobble in October
A lighter snack than expected – but what's a few $100m between friends, eh?
Ello? ello? ello?: Facebook challenger in DDoS KNOCKOUT
Gets back up again after half an hour though
Hey, what's a STORAGE company doing working on Internet-of-Cars?
Boo - it's not a terabyte car, it's just predictive maintenance and that
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.