HomeBusinessDell will pay a $1 billion settlement to resolve a claim that...

Dell will pay a $1 billion settlement to resolve a claim that it misled investors.

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  • In order to resolve a lawsuit related to its Class V stock transaction in December 2018, Dell Technologies has agreed to pay $1 billion.
  • Dell was charged with defrauding some investors in a $24 billion transaction, according to the lawsuit.
  • According to Dell, the agreement also addresses charges made against the lawsuit’s defendant Goldman Sachs.

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