There’s no sexual harassment scandal floating above Michael Dell’s head, but the CEO is still feeling the wrath of displeased investors, as a quarter of his reelection votes withholding support. Dell revealed in a regulatory filing this week that 377.8 million of 1.5 billion votes were against Dell’s reelection, indicating a growing disappointment with his tenure as chief executive and chairman of the company. The numbers mark the lowest votes of all 11 directors reelected to the board.

Dell has had some highs and lows over the past few years. Once the world’s largest PC vendor, Dell now stands squarely behind HP and Acer, in third place. While HP is facing the wrath of its own CEO’s scandal, the lost love for Michael Dell comes just weeks after the company agreed to a $100 million settlement with the SEC. The five-year case has cast a shadow over Dell accusing the company of not disclosing to its investors certain exclusivity payments made to Intel. Adding more fuel to the fire, another case was brought against Dell this month by Advanced Internet Technologies for a bungled deal that cost the company tens of millions.

However, the slowed growth has driven Dell to expand its services beyond PCs, as noted by some of the company’s recent acquisitions. Ocarina, and more recently 3PAR, are a couple of the new additions that will build up Dell’s storage and cloud initiatives. The aggressiveness in this arena is helping to keep forecasts high, with second-quarter revenue reports expected to show a 19% gain tomorrow.