Judge Approves $21M Dell Settlement Regarding Securities Laws Violations

Mealey's (January 31, 2020, 9:25 AM EST) -- AUSTIN, Texas — A federal judge in Texas on Jan. 10 issued a final judgment in which Dell Inc. will pay $21 million to settle claims that the global information technology company and certain of its senior executives violated federal securities laws by misrepresenting Dell’s international business growth and concealed a drop in demand for its PC product line (City of Pontiac General Employees’ Retirement System v. Dell Inc., et al., No. 15-374, W.D. Texas)....