| Company: | CDW Corporation |
| Ticker Symbol: | NASD: CDWC |
| Date Filed: | Aug-07-07 |
| Lead Plaintiff Deadline: | Oct-06-07 |
| Court: | Northern District, IL |
| Allegations: |
A class action lawsuit has been filed against CDW Corporation ("CDW") (Nasdaq:CDWC) and its directors alleging fiduciary breaches on behalf of CDW shareholders to include claims of proxy violations under Section 14 and Section 20 of the Securities Exchange Act of 1934. The proxy material solicits proxies for a shareholder meeting scheduled for August 9, 2007.
The action, Index No. 07C 3033, is pending in the United States District Court for the Northern District of Illinois and names as defendants, John A. Edwardson, Michelle L. Collins, Casey G. Cowell, Daniel S. Goldin, Thomas J. Hansen, Donald P. Jacobs, Stephan A. James, Michael P. Krasny, Terry L. Lengfelder, Susan D. Wellington, Brian E. Williams and CDW. A copy of the complaint can be obtained from the Court.
The complaint charges that the defendants breached their fiduciary duties to the Company's shareholders and violated the Securities Exchange Act of 1934. More specifically, the complaint alleges that defendants failed to disclose certain material facts in connection with the acquisition of CDW by the private equity firm Madison Dearborn Partners LLC, entered into the agreement with Madison Dearborn by a flawed process, and that the price being offered for the Company's stock was inadequate. The complaint also includes claims for breach of fiduciary duty. It is brought on behalf of a class of all shareholders except for the named defendants and persons or entities related to or affiliated with the defendants.
If you acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.
The action, Index No. 07C 3033, is pending in the United States District Court for the Northern District of Illinois and names as defendants, John A. Edwardson, Michelle L. Collins, Casey G. Cowell, Daniel S. Goldin, Thomas J. Hansen, Donald P. Jacobs, Stephan A. James, Michael P. Krasny, Terry L. Lengfelder, Susan D. Wellington, Brian E. Williams and CDW. A copy of the complaint can be obtained from the Court.
The complaint charges that the defendants breached their fiduciary duties to the Company's shareholders and violated the Securities Exchange Act of 1934. More specifically, the complaint alleges that defendants failed to disclose certain material facts in connection with the acquisition of CDW by the private equity firm Madison Dearborn Partners LLC, entered into the agreement with Madison Dearborn by a flawed process, and that the price being offered for the Company's stock was inadequate. The complaint also includes claims for breach of fiduciary duty. It is brought on behalf of a class of all shareholders except for the named defendants and persons or entities related to or affiliated with the defendants.
If you acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.
