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IN RE DELL TECH. CLASS V STOCKHOLDERS

Consol. C.A. No. 2018-0816-JTL.

300 A.3d 679 (2023)

IN RE DELL TECHNOLOGIES INC. CLASS V STOCKHOLDERS LITIGATION.

Court of Chancery of Delaware.

Date Decided: July 31, 2023.

Date Revised: August 21, 2023.

Attorney(s) appearing for the Case

Ned Weinberger , Mark Richardson , Brendan W. Sullivan , Casimir O. Szustak , LABATON SUCHAROW LLP, Wilmington, Delaware; Dominic Minerva , Joseph Cotilletta , Nathaniel Blakney , LABATON SUCHAROW LLP, New York, New York; David M. Cooper , Silpa Maruri , Dominic J. Pody , George T. Phillips , Christine J. Chen , QUINN EMANUEL URQUHART & SULLIVAN, LLP, New York, New York; William C. Price , William R. Sears , QUINN EMANUEL URQUHART & SULLIVAN, LLP, Los Angeles, California; Co-Lead Counsel for the Plaintiff Class.

Peter B. Andrews , Craig J. Springer , Christopher P. Quinn , David M. Sborz , Jackson E. Warren , ANDREWS & SPRINGER LLC, Wilmington, Delaware; Chad Johnson , Noam Mandel , Desiree Cummings , Robert Gerson , Jonathan Zweig , ROBINS GELLER RUDMAN & DOWD LLP, New York, New York; Jeremy S. Friedman , David F.E. Tejtel , Christopher M. Windover , Lindsay La Marco , FRIEDMAN OSTER & TEJTEL PLLC, Bedford Hills, New York; Additional Counsel for the Plaintiff Class.

John D. Hendershot , Susan M. Hannigan Cohen , Kyle H. Lachmund , Angela Lam , RICHARDS, LAYTON & FINGER, P.A., Wilmington, Delaware; John L. Latham , Cara M. Peterman , ALSTON & BIRD LLP, Atlanta, Georgia; Gidon M. Caine , ALSTON & BIRD LLP, Palo Alto, California; Charles W. Cox , ALSTON & BIRD LLP, Los Angeles, California; Counsel for Defendants Michael Dell, Egon Durban, and Simon Patterson.

Martin S. Lessner , Elena C. Norman , James M. Yoch, Jr. , Lauren Dunkle Fortunato , Kevin P. Rickert , YOUNG CONAWAY STARGATT & TAYLOR, LLP, Wilmington, Delaware; James G. Kreissman , Stephen P. Blake , David Elbaum , SIMPSON THACHER & BARTLETT LLP, New York, New York; Counsel for Defendant Silver Lake Group LLC.

Michael A. Barlow , April M. Kirby , ABRAMS & BAYLISS LLP, Wilmington, Delaware; Michele D. Johnson , Kristin N. Murphy , Ryan A. Walsh , LATHAM & WATKINS LLP, Costa Mesa, California; Counsel for Defendants William Green and David Dorman.

Edward B. Micheletti , Arthur R. Bookout , Jessica R. Kunz , Peyton V. Carper , SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP, Wilmington, Delaware; Counsel for Defendant Goldman Sachs & Co., LLC.

Stephen B. Brauerman , Sarah T. Andrade , BAYARD, P.A., Wilmington, Delaware; Counsel for Objector Pentwater Capital Management L.P.

Anthony A. Rickey , MARGRAVE LAW LLC, Wilmington, Delaware; Counsel for Law Professors Participating as Amici Curiae.

OPINION ON FEE AWARD AND INCENTIVE AWARD

The plaintiff settled this class action on the eve of trial in exchange for the defendants' agreement to pay $1 billion in cash. The "b" is not a typo. It is the largest cash recovery ever obtained by a representative plaintiff in this court.

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