Dell is one of the largest computer companies in the world and is also one of the largest makers of computers in the U.S. Dell as a company has found itself facing investigations recently over allegations that it knowingly sold defective computers and mislead investors on how well the company was performing financially.

Dell CEO and founder Michael Dell has found that many of the investors in his company are not happy with his leadership. The New York Times reports that a regulatory filing released this week shows that out of 1.5 billion votes by shareholders cast at a recent investors meeting, 378 million of them opposed Dell staying on the board of his company.

The NYT quotes Joseph A. Grundfest, a law professor at Stanford, saying, "Mr. Dell is quite properly an iconic figure at the company. It is extremely rare to have that amount of shareholder disaffection directed toward an executive who is so central to the company’s past, present and future."

A Dell spokesman David Fink stated, "Our board of directors has previously reaffirmed its confidence in Mr. Dell’s leadership and a majority of shareholders agreed."

The vote stems from the investigation that was closed last month into accounting fraud at Dell by the SEC. Dell agreed to settle the charges with no admission of wrongdoing with a fine of $100 million imposed by the SEC. Michael Dell was also personally fined $4 million and admitted no wrongdoing.

The crux of the investigation centered on rebates paid to Dell by Intel and the fact that Dell failed to inform shareholders that it counted on the huge rebates from Intel to meet its quarterly Wall Street estimates. Intel recently reached a settlement with the FTC over the issue of the refunds and practices that limited the competition in the processor market using tactics like rebates. Part of the settlement was no more rebates of this type being offered.