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OFFON

NOVELL, INC.

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NOVELL : Finkelstein Thompson LLP Announces Investigation of Novell Inc.

11/23/2010 | 07:05pm EDT

Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of Novell Inc. (?Novell? or the ?Company?) (Nasdaq: NOVL) concerning the sale of the Company to Attachmate Corp. for $6.10 in cash for every share of common stock owned in a transaction valued at approximately $2.2 billion.

The investigation is focused on the potential unfairness of the deal price to Novell shareholders, the process by which the Board of Directors considered the transaction, and potential conflicts of interests among Novell Board members. Indeed, the stock closed at $6.14 on October 14, 2010, and according to Yahoo! Finance at least one analyst has set a target price of $7.50 for Novell's shares.

If you are interested in discussing your rights as a Novell shareholder, or have information relating to this investigation, please contact Finkelstein Thompson's Washington, DC offices at (877) 337-1050 or by email at contact@finkelsteinthompson.com.

Finkelstein Thompson LLP has spent over three decades delivering outstanding representation to institutional and individual clients in financial litigation, and has been appointed as lead or co-lead counsel in dozens of shareholder class actions. Indeed, the firm has served in leadership roles in cases that have recovered over $1 billion for investors and consumers.

To learn more about Finkelstein Thompson LLP, please visit our web site at www.finkelsteinthompson.com. Attorney advertising. Prior results do not guarantee similar outcomes.

Finkelstein Thompson LLP
Donald Enright, 202-337-8000


ę Business Wire 2010
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