Investigation of Faruqi & Faruqi on 3par Acquisition

Faruqi & Faruqi, LLP, a national securities firm headquartered in New York City, is investigating the Board of Directors of 3PAR Inc. for potential breaches of fiduciary duty in connection with their conduct related to the sale of the Company to Dell Inc. The proposed transaction offers 3PAR shareholders to only receive $18.00 in cash for each share they own.

Whether the 3PAR Board of Directors breached their fiduciary duties to 3PAR stockholders by failing to conduct an adequate and fair sales process to sell the Company prior to agreeing to this proposed transaction, whether the proposed transaction undervalues 3PAR shares and by how much this proposed transaction undervalues the Company to the detriment of 3PAR shareholders are the key focus of this investigation.

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, through all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm’s clients.