DELL ERISA 401(K) STOCK LOSSES

The price of Dell stock and the value of Dell stock owned through Dell’s 401(k) retirement plans has fallen dramatically over the past two years. If you are a Dell employee who owns Dell stock through 401(k) or other retirement plans, you may be able to recover some of your losses.

The Securities and Exchange Commission (“SEC”) and U.S. Attorney’s Office for the Southern District of New York are investigating claims that Dell inflated financial results by engaging in improper revenue recognition and accounting practices. Dell began reducing sales and profit projections as the Company began missing its own revenue, earnings per share and unit sales growth targets, causing significant declines in its stock price.

Dell announced its fifth consecutive quarter of disappointing results on August 17, 2006, once more significantly missing its revenue and earnings per share targets. The Company also disclosed that the SEC had begun investigating it's revenue recognition and accounting practices as of August 2005. Dell also disclosed that its Audit Committee was undertaking a full review.

In September, Dell disclosed that it would not be able to file its interim financial report for its second quarter of 2007. The U.S. Attorney's Office for the Southern District of New York had served Dell with a subpoena requesting documents concerning its accounting and financial reporting between 2002 and 2006.

If you are a member of a Dell 401(k) retirement plan and have lost money investing in Dell stock, please complete the form for a free case evaluation.

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