Law Offices of Howard G. Smith announces that a securities class action lawsuit has been filed on behalf of purchasers of the common stock of Office Depot, Inc. ("Office Depot" or the "Company") between April 26, 2007 and October 26, 2007 (the "Class Period"). The class action lawsuit was filed in the United States District Court for the Southern District of Florida.
The Complaint alleges that the defendants violated federal securities laws by issuing material misrepresentations to the market concerning Office Depot's business and financial performance, thereby artificially inflating the price of Office Depot securities.
No class has yet been certified in the above action. Until a class is certified, you are not represented by counsel unless you retain one. If you purchased Office Depot common stock between April 26, 2007 and October 26, 2007, you have certain rights, and have until January 4, 2008, to move for Lead Plaintiff status. To be a member of the class you need not take any action at this time, and you may retain counsel of your choice. If you wish to discuss this action or have any questions concerning this Notice or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at (215) 638-4847