NYSE
EMC

EMC Corporation

Shareholder Corporation Litigation

Rigrodsky & Long, P.A. Announces Investigation Of EMC Corporation (NYSE: EMC) Buyout

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of EMC Corporation (“EMC” or the “Company”) (NYSE: EMC) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Dell Inc. (“Dell”), in a transaction valued at approximately $67 billion.

Under the terms of the agreement, shareholders of EMC will receive $24.05 in cash in addition to tracking stock linked to a portion of EMC’s economic interest in VMware, Inc. (NYSE: VMW), for each share of EMC common stock.

The investigation concerns whether EMC’s board of directors failed to adequately shop the Company and obtain the best possible value for EMC’s shareholders before entering into an agreement with Dell.  According to Yahoo! Finance, at least one analyst has issued a price target for EMC stock at $34.00 per share.

If you own the common stock of EMC and purchased your shares before October 12, 2015, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to info@rl-legal.com.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.

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