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Dell to Pay $1 Billion to Settle Suit Over 2018 Stock Conversion

Summary by Ground News
The settlement, if approved by the court, will end the dispute over the $23.9 billion conversion of Dell stock in a deal four years ago. The plaintiffs alleged that the transaction was billions of dollars below market value. The settlement includes attorney fees and covers claims against Goldman Sachs Group Inc., which advised Dell in the transaction.

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The spokesman-Review broke the news in Spokane, United States on Wednesday, November 16, 2022.
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