Apr 13, 2010 – An investigation on behalf of investors in Compellent Technologies, Inc. (Public, NYSE:CML) stock over possible violations of federal securities laws by Compellent Technologies and others was announced.

If you purchased Compellent Technologies, Inc. (NYSE:CML) common stock between October 28, 2009 and April 7, 2010, or if you are a current long term investor in CML shares, including those who purchased prior to October 2009, you have certain options and you should contact the Shareholders Foundation, Inc by email at mail@shareholdersfoundation.com or call +1 (858) 779 – 1554.

The investigation by a law firm on behalf of investors in Compellent Technologies, Inc. (Public, NYSE:CML) common stock concerns on whether a series of statements regarding Compellent Technologies business, its prospects and its operations were materially false and misleading at the time they were made. Compellent Technologies, Inc., located in Eden Prairie, Minnesota, is a provider of enterprise-class network storage solutions that automate the movement and management of data throughout its lifecycle. Compellent Technologies, Inc. reported in 2007 Total Revenue of $51.20million, in 2008 $90.9million, and in 2009 $125.28million.
On October 28, 2009, Compellent Technologies, Inc announced record third quarter 2009 results sending its shares from nearly $18 per share on Oct. 28, 2009, to over $24 per share in January 2010. But on February 11, 2010, Compellent Technologies announced its Q1 2010 revenue guidance and shares dropped from $21.77 per share on Feb. 11 to $16.44 per share on Feb. 12. Then on April 07, 2010 Compellent Technologies lowered its Q1 2010 revenue guidance. Shares of Compellent Technologies dropped after the news from $17.50 per share on April 07 to $13.20 per share on April 08.

Those who purchased Compellent Technologies, Inc. (Public, NYSE:CML) common stock between October 28, 2009 and April 7, 2010, or those who are a current long term investors in CML shares, including those who purchased prior to October 2009, have certain options and should contact the Shareholders Foundation, Inc by email at mail@shareholdersfoundation.com or call +1 (858) 779 – 1554.

# # #

The Shareholders Foundation, Inc. is an investor advocacy group. We do research related to shareholder issues and inform investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. At Shareholders Foundation, Inc. we are in contact with a large number of shareholders. We believe that together we can combine the interests of many investors, and use the size of our interest as leverage against the giant corporations. We offer help, support, and assistance for every shareholder. We help investors find answers to their questions and equitable solutions to their problems. The Shareholders Foundation, Inc. is not a law firm. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.