Description: This is the Pivotal Software Stockholders Litigation
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The information contained on this website is only a summary of the information presented in more detail in the Notice of Pendency and Proposed Settlement of Stockholder Class Action, Settlement Hearing and Right to Appear, which you can access here . Because this website is just a summary you should review the Notice for additional details.
This website relates to a stockholder class action (the “Action”), pending in the Court of Chancery of the State of Delaware (the “Court”). Plaintiff Kenia Lopez (“Plaintiff”) alleges in the Action that VMware, Inc. (“VMware”), Dell Technologies Inc. (“Dell”), Michael S. Dell (“M. Dell”), and Robert C. Mee (“Mee”) (together, “Defendants”) breached fiduciary duties to the public stockholders of Pivotal Software, Inc. (“Pivotal”), and, in the alternative, that VMware aided and abetted those breaches of fiduci
Plaintiff, on behalf of herself and the Class (defined below), Defendants, and former defendant Cynthia Gaylor (“Former Defendant”) have reached a Settlement of the Action for $42,500,000 in cash. On October 4, 2022, the Court held a hearing to consider final approval of the Settlement and related matters. Following the hearing, the Court entered an Order and Final Judgment approving the Settlement, awarding attorney's fees and litigation expenses to Plaintiff’s Counsel, and approving an incentive award to