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Novell, Inc. Investor Files Lawsuit In Effort To Block Takeover

  • If you are a current investor in Novell, Inc. (NASDAQ:NOVL) and purchased your NOVL shares prior to March 2010, you have certain options and you should contact the Shareholders Foundation, Inc.

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Lawsuit Overview

An investor in NOVL shares filed a lawsuit alleging breaches of fiduciary duties by Novell directors arising out of their attempt to sell Novell, Inc. too cheaply via an unfair process to Attachmate Corp. According to the complaint the plaintiff alleges that the defendants breached their fiduciary duties owed to Novell, Inc. (NASDAQ:NOVL) investors in connection with the proposed t...



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